I've had this discussion with Perseus CEO before Wrt gold. I asked whén the Au price is high is it 'high grading' by taking out the higher grade material which may leave the rest less or non mineable later. He said - You generate more cash and profits at the higher price.
It's management call. Yes, at present were pretty desperate.
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Last
54.5¢ |
Change
0.010(1.87%) |
Mkt cap ! $474.2M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 55.0¢ | 53.5¢ | $1.264M | 2.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 90992 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 25828 | 2 |
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| Last trade - 10.19am 26/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |