Hi Simonsnouckart
Sorry to hear your loss on View resources. It has the cash flow problem and at that time the gold price (less tha US$700/oz)at that time was much lower compared to recent month gold price (more than US$1000/oz). In fact in 2006, KOR had an agreement to use view plant to treat its Melrose gold resources. At that time the gold price was below US$700/oz. After Views administration, its Bronzewing asset (gold project and plant) had been bought by NAV (Navigator resources)refer to asx announcement below
3 september "navigator to acquire Bronzewing" and
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00984800
1 cot 2009. "Bronzewing acquisition completed".
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00994314
As always, DYOR and consider individual investment and trading aim, time frame, risk profile, etc.
geolsec derisk the bobrikovo and melrose gold , page-10
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.569M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 490000 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 581071 | 2 |
View Market Depth
| Last trade - 10.05am 19/07/2024 (20 minute delay) ? |
| KOR (ASX) Chart |
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