Well, that is really the key.
More specifically, positive cash flow, as we can burn the assets down and still do ok at a low entry point, less than replacement or build cost.
My guess is that with cost cuts $50ish spot is the tipping point.
I am more into my gold stocks than this one. I was stuck with a trading position due to a failed exit trade.
Love to hear from someone that has done the work.
Well, that is really the key.More specifically, positive cash...
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Last
$11.74 |
Change
0.290(2.53%) |
Mkt cap ! $3.511B | |||
| Open | High | Low | Value | Volume |
| $11.54 | $11.96 | $11.27 | $34.85M | 2.980M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39237 | $11.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.75 | 307 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |