Good Morning Maz and al the longer term holders.
I haven't posted here since before that fateful day on October last year.
Looking at the current situation I would say that our MC has way overcorrected now and appears we are the bottom of the curve and on the way back up towards fair value which I agree with Maz is circa 40c per share.
There is now a hope that with the shallower depths of ore that we can produce less waste and therefore less production costs.
There is also hope now that a revised BFS will assist with renewed interest from a finance/partnership perspective and we can get moving again.
The "Compelling Economics" whilst they have changed due to the initial capex cost blowouts still present a case for the future based on I/O prices being strong, reducing inflation and the need for green steel into the future.
$35mil MC at present....got to be worth more than that looking with a longer term lens.
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Last
2.9¢ |
Change
-0.001(1.69%) |
Mkt cap ! $29.25M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 2.9¢ | $44.94K | 1.528M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 2677145 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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3.0¢ | 992516 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 2677145 | 0.029 |
10 | 1318650 | 0.028 |
5 | 696793 | 0.027 |
6 | 376655 | 0.026 |
8 | 320039 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 992516 | 10 |
0.031 | 896523 | 7 |
0.032 | 1502734 | 7 |
0.033 | 675464 | 5 |
0.034 | 937456 | 5 |
Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
2.9¢ |
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Change
-0.001 ( 0.00 %) |
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Open | High | Low | Volume | ||
3.0¢ | 3.0¢ | 2.9¢ | 120398 | ||
Last updated 15.56pm 07/06/2024 ? |
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