The problem at the moment is that this stock has a lot of negative sentiment at the moment and it's going to take a fair whack of positive news to put the stock back on track. I too would have thought that with zinc being at around USD 2,000 per tonne there would be a bit more support for the stock as Perkoa has gone from a loss maker to at least breaking even'ish.
July is half finished and we've not seen any of the VTEM survey news or initial Mumbwa assays or even offtakes. I expected to see VTEM this month as we have recieved confirmation that these survey results have been received by the company (refer to last update). Mumbwa is more problematic as any assays need to be shared with BHP prior to being released to the market ... so even if the company gets these assays this month it might be weeks until we see them released into the market.
If the company is still shooting for September funding then the time between now and then is rapidly compressing ...
The problem at the moment is that this stock has a lot of...
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Last
43.0¢ |
Change
0.010(2.38%) |
Mkt cap ! $89.79M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 44.0¢ | 42.0¢ | $102.0K | 237.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 296 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 45726 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| AIM (ASX) Chart |