Hello Steve yeh considering any finance news is prob mid yr at best the existing drilling results has added importance along with most importantly providing viable resource but in the short term holding or propping up the sp as results come in if they are good.
Yes a few samples so far show promise but a bit early to draw any conclusions from the snippets given.
Just the whole Bergen thing and the next tranche coming into play shortly makes me think it will go lower before any significant drill results emerge.
The Bergen factor was a such a poor management decision and just a rort to existing holders. The Co and md should have had planning in place so that they were never forced into that play, there were ample opps for a better way to get funds.
Anyhow to answer your question I may consider buying in if the drill results were continually good and that the risk reward or sp was palatable, but most likely only as a trade, hopefully Marcus can bring some nous and professionalism to this rabble, if that happens I guess there a chance but still some major hurdles to overcome.
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Last
1.4¢ |
Change
0.002(16.7%) |
Mkt cap ! $19.57M |
Open | High | Low | Value | Volume |
1.3¢ | 1.5¢ | 1.2¢ | $652.5K | 47.13M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 10700000 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 5126249 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 9200000 | 0.014 |
7 | 18735430 | 0.013 |
6 | 19170000 | 0.012 |
15 | 12353920 | 0.011 |
16 | 21225994 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 2620159 | 6 |
0.016 | 7066881 | 11 |
0.017 | 3918993 | 10 |
0.018 | 2040774 | 5 |
0.019 | 1944999 | 5 |
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