Bingo. Stellar results.
Newcrest will be getting those drills turning within months. Expect drilling before year end.
Commencement of drilling news will re-rate this play hugely. Market cap only $10m for a JORC of 340k oz @ 3.9gpt, JV with Newcrest to spend $11m AUD and soil sampling that has produced results that exceeded their detection limit of 1 g/t.
All that buying with volume back in early July tells me the short term traders got cleared out by long term smart money.
One of the best gold exploration plays on the ASX.
Ann: Strong Gold Anomalies in Soils at Topacio,NCM-OVL.AX, page-3
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.14M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $25.78K | 2.344M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 183893 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 5837777 | 16 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| IXR (ASX) Chart |