Is this a case of The Emperors new clothes?
Approx 3 times more sellers than buyers for this stock.
$1 level already breached this afternoon.
Less than 8k ounces of gold poured last two quarters. Not much is expected in the next two quarters remaining for this year as per todays ANN.
Sprott facility is fully drawn down.
Additional share placement & potential cash flow troubles looks imminent
Lot of promises and no delivery for several years in a row....
Where is the gold????
IMHO this seems to be a case of the Emperors new clothes !!
DYOR
emperors new clothes?
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Last
39.5¢ |
Change
-0.020(4.82%) |
Mkt cap ! $2.686B | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 41.0¢ | 39.0¢ | $9.181M | 23.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 1243803 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 139143 | 5 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |