I agree and Richard has indicated we are moving towards this in multiple presentations.
The Gold tenement Toro is sitting on is highly regarded, preliminary drilling has demonstrated a 1M Oz Gold resource in an area where operations by big Gold miners are already prolific.There’s probably a lot more.
For NST etc, they would be profiting (200-400) per ounce depending on the mineralisation(this is where we come in with the drilling).
Similar deposits nearby have been sold for 100 million.
I think the demerger prospectus is coming soon, needs shareholder approval. Gold small caps are starting to run hard.
I agree and Richard has indicated we are moving towards this in...
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $48.11M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 41.0¢ | 39.5¢ | $133.8K | 332.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13000 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 8311 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
39.5¢ |
Change
-0.005 ( 6.40 %) |
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| Open | High | Low | Volume | ||
| 40.0¢ | 41.0¢ | 39.5¢ | 64312 | ||
| Last updated 15.55pm 21/05/2024 ? | |||||
| TOE (ASX) Chart |