We have our route to market sorted i believe. Its a short truck ride to railway, named below.
the port and rail capacity conversation has been done to death and resolved about a million times. Literally the only barrier between here and revenue was the government approvals.
now that they are clear, we can talk to one of our 54 serious off-take parties about debt funding the 30m capex and away we go. Worth noting that this number was so small that the big 4 banks wouldn't loan us the money as the terms were too small and payback too fast
this is literally one of the simplest major mining operations you'll ever come across, run on a shoe string budget by a management team that are just super switched on......
So if the SP prediction is based on "risk" then i would probably err to the higher side of SP numbers as the risk is minimal.
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Last
5.6¢ |
Change
-0.003(5.08%) |
Mkt cap ! $32.66M |
Open | High | Low | Value | Volume |
5.8¢ | 5.8¢ | 5.5¢ | $11.42K | 202.4K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 41625 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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5.6¢ | 13174 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 41625 | 0.055 |
2 | 129665 | 0.054 |
1 | 200000 | 0.053 |
1 | 30000 | 0.052 |
1 | 19607 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 13174 | 1 |
0.057 | 198529 | 1 |
0.058 | 116797 | 1 |
0.059 | 21350 | 1 |
0.060 | 176121 | 5 |
Last trade - 15.39pm 22/05/2024 (20 minute delay) ? |
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Last
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Change
-0.003 ( 1.75 %) |
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Open | High | Low | Volume | ||
5.6¢ | 5.6¢ | 5.6¢ | 21000 | ||
Last updated 14.34pm 22/05/2024 ? |
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Dusko Ljubojevic, MD
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