VYS 2.13% 48.0¢ vysarn limited

More from Stone resources Annual Report: "The Group received...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 310 Posts.
    lightbulb Created with Sketch. 1
    More from Stone resources Annual Report:
    "The Group received approval ..for its application for the "Ben Hur Mining Proposal and the "Mine Closure Plan"...

    BRIGHTSTAR GOLD TREATMENT FACILITY

    The Treatment Facility has remained in a "care and maintenance" phase since September 2012. As a consequence, continued its cost reduction program by closing the camp, maintaining minimal site employees, improving security surveillance, negotiated a reduction of remuneration with most employees and eight employees were made redundant.

    The net loss of the company was reduced to $5,211,961 DOWN from $12,976,211 in 2014.

    OMG MHM wants to throw $18 million (most of which it doesn't have) into this--- this sounds really, really dumb. A bit like BSM and its adventure in a gold processing plant in Tasmania.

    $18 million dollar farm-in by MHM to the only asset of a company worth a Market Capitalisation of just over $2 million (albeit bankrupt with 20 million dollar capital deficiency.....). Someone with superior accounting skills tell me what I am missing??????????????
 
watchlist Created with Sketch. Add VYS (ASX) to my watchlist
(20min delay)
Last
48.0¢
Change
0.010(2.13%)
Mkt cap ! $248.3M
Open High Low Value Volume
49.0¢ 49.0¢ 46.5¢ $328.1K 691.7K

Buyers (Bids)

No. Vol. Price($)
4 80295 47.0¢
 

Sellers (Offers)

Price($) Vol. No.
48.0¢ 152353 2
View Market Depth
Last trade - 16.10pm 12/11/2024 (20 minute delay) ?
VYS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.