The management costs wouldn't be acceptable if was charged by a share or super fund, which at least does a lot more wheeling and dealing and reporting. Announcements (and excitement) has been non-existent unless its Annual or Qtrly reporting. Its on set and forget mode with 6 very expensive executives in a Level 5 St Georges Tce office. it has 3 mineral sands project (2 producing), one gold (no activity) and Area C (BHP). It had $ 29m cash + $ 33M receivables yet its just upped its credit facility (unsecured) from $ 40 to 350M. Ive just sold late March, being very thankful for the high iron ore prices as compared with Sept 2021 and pleased to exit at ATH.
The management costs wouldn't be acceptable if was charged by a...
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Last
$4.14 |
Change
-0.030(0.72%) |
Mkt cap ! $2.188B | |||
| Open | High | Low | Value | Volume |
| $4.20 | $4.21 | $4.12 | $8.456M | 2.039M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11652 | $4.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.15 | 41700 | 3 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| DRR (ASX) Chart |