I think the problem here is (lack of funds aside) the MC is sitting close to 100mill with nothing more than a concept that may or may not turn out being economic and it's proved to be rather problematic thus far. This was a legacy project and it seems the new WA projects are becoming the main focus. Problem is, even with a 69% COS, 100mill mc is rather lofty when you look at the potential downside should WE not prove positive in the primary target......we could be in for one hell of a haircut if unsuccessful at WE.
I think the problem here is (lack of funds aside) the MC is...
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Last
18.5¢ |
Change
0.015(8.82%) |
Mkt cap ! $530.0M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.5¢ | 17.0¢ | $2.155M | 12.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 851855 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 131078 | 7 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| STX (ASX) Chart |