The resource estimate looks good, contains a large high grade portion which is required to get the project off the ground.
I think we will have to wait till the mid year PFS before we see any major price action. (Unless TVN find something big at Sandover when they drill.)
Investors are wary of potential high capital costs. Plus operating expenses needed to be firmed up before a profit estimate can be made.
Anyway, onward, looking forward to a solid PFS and perhaps offtake interest/project partner/funding sources will emerge.
The resource estimate looks good, contains a large high grade...
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $87.00M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $22.97K | 428.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 104293 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 272431 | 2 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
5.3¢ |
Change
0.000 ( 1.85 %) |
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| Open | High | Low | Volume | ||
| 5.5¢ | 5.6¢ | 5.3¢ | 162235 | ||
| Last updated 15.50pm 03/05/2024 ? | |||||
| TVN (ASX) Chart |