Read the first part of your post, enough cash on hand to pay salaries for 24 - 36 months.
What a terrible position to be in...
Like any mining company on the ASX, correct they need to firm up a resource no different to any other miner.
The problem is as of today the MC = Current Cash + EV. It doesn't factor in the cash position in 3 years time.
GLTAH
Read the first part of your post, enough cash on hand to pay...
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Last
27.0¢ |
Change
-0.005(1.82%) |
Mkt cap ! $22.34M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 26.5¢ | $49.58K | 186.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 68673 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 137072 | 4 |
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| Last trade - 12.01pm 27/09/2024 (20 minute delay) ? |
| SUM (ASX) Chart |