The same thing can happen on the opposite direction...one big investor decide to leave/cut their losses and boom price drops to all time low? But let's forget this possibility...and hope Taurus keep buying it all.
Am I right with the maths below:
They have around $25M in cash
Planning to spend $14M in exploration this year (i think i heard that from his broadcast)
Others costs? Let's say $5M?
The company better find some gold soon...because no later than first half 2014 they would run out of cash.
Hope Paul find its 400k ounces...POG go up together all goldies and get more certainty about this company. Anyway, I am watching on the side lines.
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.84M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 23.0¢ | $19.73K | 85.80K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2447 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 75502 | 2 |
View Market Depth
| Last trade - 15.56pm 25/07/2025 (20 minute delay) ? |
| AMX (ASX) Chart |