The way I would view Friday's action is that it took a turnover of 9 million shares gross to move the dial only a few cents.
I think the still falling metal prices have put the lid on chn for the present unless of course they find the big one.
Might be better to put the $112 million in term deposits and pick up 5%.
Still talk of a joint venture partner? What we need is an offtake partner.
Has anyone been up to China to sound them out?
At the beginning of this saga some "expert" nominated Julimar as a sill system - which suggests to me that the sulphides came from somewhere else under great pressure.
If it is a sill system then presumably that would make Gonneville, Hartog, Hooley et al dykes.
If yes then there would probably be plenty of other dykes in the system - going in all directions - not just up.
If I had been calling the shots and provided the sill theory is valid I would have dedicated one dd hole straight down in an attempt to locate the bottom of the sill.
If you can locate the bottom of the sill then you are in business.
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Last
$1.07 |
Change
0.035(3.40%) |
Mkt cap ! $414.2M |
Open | High | Low | Value | Volume |
$1.05 | $1.09 | $1.05 | $2.859M | 2.686M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11150 | $1.06 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.08 | 14000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 1.060 |
3 | 45000 | 1.050 |
3 | 15500 | 1.040 |
4 | 40239 | 1.030 |
3 | 12307 | 1.025 |
Price($) | Vol. | No. |
---|---|---|
1.080 | 14000 | 2 |
1.085 | 5300 | 2 |
1.090 | 5900 | 2 |
1.095 | 210 | 1 |
1.100 | 18728 | 2 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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