I wonder if holding back on scoping/feasibility studies stage would be better, while just drilling out more of the ground and adding to resource until market condition improves? Some don't like hearing a higher capex number than the mc, so perhaps if they wait til more favourable market conditions, let the share price move up with the commodity, then they could be releasing this information hopefully north of 500m or if they are lucky a 1b+ mc?
Obviously it would slow down the whole journey from explorer to miner, but it may work out better for investors?
Back down to 89c ?, page-224
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Last
81.5¢ |
Change
-0.060(6.86%) |
Mkt cap ! $52.36M | |||
| Open | High | Low | Value | Volume |
| 83.0¢ | 84.0¢ | 77.0¢ | $1.226M | 1.519M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7123 | 79.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.5¢ | 5736 | 1 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| VMM (ASX) Chart |