tophat...
Huge mistake - no - a pump and dump exercise in a bull market - with gold the next metal off the rank.
As I said in my last post - I believe there's a reason why Lichkvaz has been sitting there for more than 20 years.
Lets be frank - TMR obviously do not know the metallurgical characteristics of the ore, and currently do not have permission to use cyanide - even if CIL is the path they would eventually go down.
Just because TMR bring some mining cred to project means they are any more willing or able than the last management to turn Lichkvaz into a profitable operation.
That doesn't mean there's great opportunities for an advanced exploration play - it could turn into a large mineralised system.
IMHO I see this playing out until the next round of M&As - the timing will depend on exploration success and the price of gold
tophat...Huge mistake - no - a pump and dump exercise in a bull...
Add SMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.092M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $359 | 119.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 21637491 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 8523104 | 13 |
View Market Depth
| Last trade - 11.35am 19/11/2024 (20 minute delay) ? |
| SMM (ASX) Chart |