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.
I think a lot of people have missed a couple of key points:-Any...
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Last
$2.12 |
Change
0.010(0.47%) |
Mkt cap ! $2.378B | |||
| Open | High | Low | Value | Volume |
| $2.05 | $2.15 | $2.03 | $10.14M | 4.807M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 57816 | $2.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 6996 | 3 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| GMD (ASX) Chart |