I think a lot of people have missed a couple of key points:
-Any share holder that has done their due diligence on this company will remember this company has a successfully executed business model to toll mine/process to generate positive cash (2015-2016 from memory).
-133,000oz OF MEASURED RESOURCE, at today's AUD price of $2,150 that equates to hmmmm. $285,950,000. Even if all in costs are around 60% to turn this buried gold into cash, we are still looking at $114,380,000 of cold hard in the bank.
Ann: Ulysses Mineral Resource Update, page-7
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Last
$2.09 |
Change
0.050(2.45%) |
Mkt cap ! $2.358B | |||
| Open | High | Low | Value | Volume |
| $2.08 | $2.13 | $2.07 | $9.693M | 4.624M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23907 | $2.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.09 | 27691 | 2 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| GMD (ASX) Chart |