With all the negativity around this stock its actually presents a great opportunity. (we know what the mine can produce) and we have increased mill throughput and a larger resource since last time this operated. You can never pick the exact bottom. When the risks are removed the target s/p will go up. I'm sure that there are brokers/fund managers that can-not recommend this stock to clients because of the auditor report that still notes (rather conservatively) that there is material uncertainty whether this is a going concern. When that note is removed investors can buy back in on recommendation of their brokers.
All the "twists and sub plots" if that's what they are will quickly be forgotten when plant 1 is up and running. Not long now. You only have to look at the broker reports to see the upside potential. $2.50 per share is their current valuation. Target Price only goes up when operational and financial risks are removed.
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Last
$1.63 |
Change
-0.060(3.55%) |
Mkt cap ! $420.1M |
Open | High | Low | Value | Volume |
$1.70 | $1.70 | $1.62 | $2.983M | 1.806M |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 39942 | $1.63 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.64 | 1710 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 39942 | 1.630 |
2 | 28741 | 1.625 |
4 | 69087 | 1.620 |
2 | 12917 | 1.615 |
3 | 8917 | 1.610 |
Price($) | Vol. | No. |
---|---|---|
1.640 | 1710 | 1 |
1.650 | 16060 | 2 |
1.655 | 5417 | 1 |
1.660 | 5417 | 1 |
1.665 | 5417 | 1 |
Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
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Last
$1.63 |
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Change
-0.060 ( 3.45 %) |
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Open | High | Low | Volume | ||
$1.69 | $1.69 | $1.63 | 122940 | ||
Last updated 15.59pm 30/04/2024 ? |
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