Dear Members,
This announcement confirms that the company will be producing at a rate for 300,000oz per annum, in 2 years. WA first and then Memot afterwards.
Difficult to see how the shareprice doesn't respond to progress updates. First an updated MRE before the end of the year with more drilling happening, and then news of the WA build progress, and also news of the Memot license approvals. Hard to imagine what the dividends might be in say 3 years, with no new shares issued and all the development funded from cash generated by Okvau.
The phase 2 of EMR is getting more real each passing month. The patient will be handsomely rewarded here!
GLTAH
Ann: Significant Resource Growth at Memot and Dingo Range, page-6
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Last
$3.36 |
Change
-0.090(2.61%) |
Mkt cap ! $2.216B | |||
| Open | High | Low | Value | Volume |
| $3.42 | $3.45 | $3.31 | $8.323M | 2.476M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 895 | $3.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.38 | 4176 | 2 |
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| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| EMR (ASX) Chart |