When you buy a gold mine (particularly as a public company) you cannot afford to go straight into "care & maintenance" (which is effectively what KAU have done) because you will very quickly go belly up (which is exactly what all the previous owners of this gold mine have done). The question now is - Who can they find to tip additional funding into this (if anyone - remember there is a reason "history repeats") and if they are able to find someone to tip funds in - what price will that be at (it would certainly have to be well south of 20 cents one would suspect). If they don't get enough capital - then this will all happen again a little further down the line....................
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When you buy a gold mine (particularly as a public company) you...
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $25.65M |
Open | High | Low | Value | Volume |
14.5¢ | 15.0¢ | 14.5¢ | $135.3K | 917.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 264733 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 117906 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 264733 | 0.150 |
2 | 105633 | 0.145 |
2 | 103254 | 0.135 |
3 | 91000 | 0.130 |
1 | 10000 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 117906 | 2 |
0.160 | 69999 | 3 |
0.165 | 75000 | 2 |
0.170 | 175184 | 3 |
0.175 | 3500 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
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FRONTIER ENERGY LIMITED
Adam Kiley, CEO
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