Even though there isn't much on the buy side, the sell side has also been slipping away perhaps as old dated orders have dropped off various systems.
I can't help but feel that an announcement that drilling is to commence at Red Bore will bring the SP to life.
Once the company gets the green light at the AGM around some funding initiatives (Hayes Creek, placement to chairman), there is no reason they can't get underway. I can't see any shareholders voting against this proposals (I'm supportive).
The only question I have - if they haven't resolved the issue over Richmond's court costs will that hold them back from spending further money at Red Bore (I wouldn't think so).
So if the planets align, we could get that kind of announcement this month… then its just a waiting game of about 2 months to get the results.
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0.6¢ |
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Mkt cap ! $39.27M |
Open | High | Low | Value | Volume |
0.5¢ | 0.6¢ | 0.5¢ | $2.178K | 405K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 28981144 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 30336058 | 32 |
View Market Depth
No. | Vol. | Price($) |
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20 | 28981144 | 0.005 |
16 | 15148647 | 0.004 |
5 | 2362355 | 0.003 |
8 | 9070398 | 0.002 |
10 | 48292037 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 30336058 | 32 |
0.007 | 28936348 | 17 |
0.008 | 13186005 | 10 |
0.009 | 14256700 | 4 |
0.010 | 6333474 | 10 |
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