Agreed Rogues Trade. There are too many bad points about EXM which deosnt make the share attarctive.
1) No geologists on the board.
2) The open pit is already 250 deep. Thats really DEEP.
3) Thay are saying high grade, low tonnage recovery. This is going to be expensive. With depth like that, the cost will swell.
4) Issued shares of 1200M. Thats a lot of shares.
I persoanally will stay away from stock like that.
drilling results, page-4
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Last
$3.96 |
Change
-0.010(0.25%) |
Mkt cap ! $278.2M | |||
| Open | High | Low | Value | Volume |
| $3.96 | $3.98 | $3.91 | $1.558M | 393.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 256 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.00 | 9358 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| DSE (ASX) Chart |