Agree AdroitCapital, I am feeling Ed and the current board are simply out of touch with current market realities. Yes they have some good ground but that is worthless if you cannot realise its value. From my understanding they dont have enough tonnes for a traditional open cut iron ore mine so coal wash is their plan B, which they may find very hard to actually secure any capital for. Globally the shift in government funding is towards hydrogen supported ore and steel production.
I can see a brave buy for 30M at $0.003 this morning but with a general market correction expected from the negative middle east news we may see a strong downward SP pressure next few weeks.
General discussion - re rate start August 2023, page-455
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.281M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 6261908 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1411981 | 5 |
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