No I do disagree with you strongly on that Red - $100 per ounce has to be conservative.
Open pits, shallow resource, high per metre presence - nuggety, preliminary recovery analysis indicates easily treated oxide ore.
Gross margin might be significantly higher say $200+ per ounce but sentiment can be a "cow", share price doesnt necessarily have to reflect whats in the ground.
I dont think it will get all the way down to 14c by the way, the major shareholder probably wont let that happen.
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No I do disagree with you strongly on that Red - $100 per ounce...
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---|---|---|
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3 | 89500 | 0.100 |
2 | 20614 | 0.097 |
1 | 25000 | 0.096 |
1 | 10536 | 0.095 |
Price($) | Vol. | No. |
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