A bit of gloom around this board at the moment. What if in the next two months we get the news that they've managed to hit the 56%-58% iron content target, as Ian Burston thinks they will? And what about when the updated JORC hits the market at multiples of what it currently is? In simple terms, we'll have a very marketable product in massive quantities. Yes there's a cap raising coming soon, but even with that and the associated dilution, we're talking a bloody big market cap if they hit that met target.
Clearly a lot of ppl are holding off buying until after the cap raising.. I'd be doing the same I think, but if good met results come in before the raise, , they might just miss the boat.
It's been a long, slow, frustrating road for us long-termers, but we're approaching the end. All is not lost.
GLTA!
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Last
1.8¢ |
Change
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Mkt cap ! $65.21M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.8¢ | $227 | 12.63K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 4740268 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 503265 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12430 | 0.019 |
11 | 4740474 | 0.018 |
10 | 2258823 | 0.017 |
3 | 720000 | 0.016 |
6 | 4328333 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 12636 | 2 |
0.019 | 503265 | 2 |
0.020 | 919496 | 5 |
0.021 | 757476 | 3 |
0.022 | 606349 | 4 |
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