Great post jbmurc.
For those that have kept their eyes on Silver juniors you may have noticed CCU came from a similar position with a JV partner that didn't put in their share of the cash and the partner ended up with only a 2% royalty.
Notice what happened to CCUs share price as they increased their resource and their ownership percentage of the Wonawinta project from mid to late 2009... I suspect ARD will start to rise once the sale of Bullant is complete, if not sooner if Mr Market realises the value they are buying at these price levels.
cheapest silver miner on the asx 22moz, page-13
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $21.65M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $17.55K | 1.160M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1137692 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1957988 | 7 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| ARD (ASX) Chart |