Excellent news.
I'm hoping for a new offtake partner to mix things up a bit - maybe European or Japanese, although providing it's binding, we shouldn't have too much to worry about.
It paves the way to finance.
Looking like it will gap up on open (unfortunate side effect of trading halts) to around the 0.67c mark at this early stage.
@wenty summed up perfectly everything we have to look forward to news wise over the next 6-8 weeks. Hopefully it all comes home to roost within the next 3 months, so we can start looking at getting this project going.
lol at the 50c talk. With anticipated rough DFS numbers, we're looking at being a $200m-$300m company within the next year. That's around the 24c to 30c level. Let's keep it real!
Then after we upgrade our reserves further, I anticipate we'll go higher, then dividends really come into play after 18-24 months of production, all being well.
What level of dividends would we likely be looking at @Brumbie by your calculations, based on 2-3 x the existing DFS figures? 10c p.a. (rough guess)?
That would give me a nice $110K p.a. income top-up
Hey, a man can dream!
Am I reading this right - 65m on the buy side, only $4m on the sell? Holy smoke!
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12.0¢ |
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Mkt cap ! $257.1M |
Open | High | Low | Value | Volume |
12.0¢ | 12.5¢ | 12.0¢ | $733.2K | 6.101M |
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---|---|---|
24 | 2280928 | 12.0¢ |
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Price($) | Vol. | No. |
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12.5¢ | 3364008 | 32 |
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71 | 4630433 | 0.115 |
109 | 6282174 | 0.110 |
66 | 4039669 | 0.105 |
136 | 9931000 | 0.100 |
Price($) | Vol. | No. |
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0.125 | 2972185 | 28 |
0.130 | 4624584 | 42 |
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