estate09 - fared better than you thought but was still ugly today. Could worsen in the news vacuum.
AUD at 0.91 and Cu holding around $3.20 US/lb Au above $1200 $US/oz....Todays commodities and exchange rates I think are still well above the assumptions used in PFS estimates....
Positive news in the form of BFS and mining approval should see SP at least double IMO to 80c, then with funding approval I'm hoping/expecting will get us at least $1.20.
Plenty of risk till BFS, Mining approval and finance are locked in hence buying opportunity while we wait for news. Not for the faint hearted short term but nice opportunity LT IMO.
estate09 - fared better than you thought but was still ugly...
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Last
47.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $368.1M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.0¢ | 46.5¢ | $485.0K | 1.038M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 10841067 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 12854049 | 45 |
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| RXM (ASX) Chart |