"Jeez is the s/p getting ahead of itself, mkt cap re $809 mill (after placements),thoughts?"
Not the first person, won't be the last to think it, but for me it's about the risk v reward.
They now have funds to turn this into a potentially multi-million ounce, multi decade mine, probably no debt (a year from now) at a very low running cost in a steeply rising gold price.
The downside?.....hmmmm. Still working on that side of it.
"Jeez is the s/p getting ahead of itself, mkt cap re $809 mill...
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Last
99.5¢ |
Change
-0.050(4.78%) |
Mkt cap ! $1.101B | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.05 | 97.5¢ | $4.961M | 4.970M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 83520 | 98.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 27442 | 1 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| SPR (ASX) Chart |