Worst case a scenario after scoping study they can just buy a mothballed plant nobody wanted even after commodity prices have recovered and buy feed from somewhere else. Sufficient cash to do so. I mean they won't actually make any money doing that once you crunch the numbers due to various royalties changing hands, JV share and the high cost of ore to compensate someone else for mining it, but it's not about that, right?
Best yet could even be lucky enough to go into suspension and not be able to ever actually realise profit.
CLA chart, page-2455
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $30.85M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $32.65K | 2.845M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 5259000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 3032467 | 7 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CLA (ASX) Chart |