I think they need to get to a resource of over 80m ounces with further drilling before a bid comes in. Any buyer can assume continued drilling once mining starts adds Plus 100% over the life of the mine ( say 10+ years). Paris is good ground.
150m ounces plus lead credits...they will try and steal it at around 15c and may even low ball at 12c to start. Especially if the big end of town continues to put the shackles on paper silver - which they will. The bidder knows they have some time on their side here. They take the risk silver will not go parabolic over the next two years - a reasonable gamble given the sh...theads who control PM markets.
I think they need to get to a resource of over 80m ounces with...
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Last
2.3¢ |
Change
-0.002(8.00%) |
Mkt cap ! $39.85M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.4¢ | 2.3¢ | $12.54K | 536.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2242145 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 504984 | 4 |
View Market Depth
| Last trade - 15.53pm 01/08/2025 (20 minute delay) ? |
| IVR (ASX) Chart |