I guess it’s times like these that define your long term portfolio.
To have the fortitude to hold/buy in the face of relentless selling.
Long term it should prove to be rewarding.
I really don’t see any major threats to the revenue imminently pouring in. We have no debt. Mine and DMS are already built. The ore is of sound quality (DSO selling for USD900+ proves that). The ore can get from the mine to the port, and the ship (again the DSO run proved that). We have a 20 year+ length of mine and growing.
Sure there is some water in the pit but that’s a weeks to months problem, rather than anything longer term.
I guess it’s times like these that define your long term...
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Last
9.1¢ |
Change
-0.003(3.19%) |
Mkt cap ! $194.4M | |||
| Open | High | Low | Value | Volume |
| 9.4¢ | 9.4¢ | 9.0¢ | $920.3K | 10.02M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 803609 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.2¢ | 24465 | 2 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |