Such a sad story this one.
Floated at 20c in 2010.
Was going to develop Productora until the Feasability study showed the company needed $1billion Aussie to bring it to fruition. It was around that time Sprott dropped off the radar.
Company then went off drilling other prospects but after several cap raisings the stock spiraled ever downward - hitting 4.8c in October 2021.
Next month - Nov-21 - it did a 50:1 share consolidation bringing the 4.8c up to $2.40.
By end of December 2021 the share price was 18% lower at $1.75 and its never looked back.
Trades today at 89.5c...or 1.79c on a pre-consolidation basis.
In 14years its produced heartache and tears for shareholders but no mine, let alone a mine that extracts copper.
How does such a company survive this long w/o ever producing or bringing fresh eyes to the table?
Such a sad story this one.Floated at 20c in 2010.Was going to...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
77.5¢ |
Change
-0.055(6.63%) |
Mkt cap ! $119.1M | |||
| Open | High | Low | Value | Volume |
| 83.0¢ | 83.0¢ | 76.5¢ | $537.6K | 677.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15947 | 77.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 29/08/2025 (20 minute delay) ? |
| HCH (ASX) Chart |