Long long long time ago, they were very close to arranging finance for a 3m/t per year mine with off takes to go into the local brazilian steel industry, i think they had grades of around 68%. Atlas was a major shareholder with around 20% and iron ore was close to $120. I think they had roughly a seven year mine life, and they were at the very least well beyond the pre feasibility stage. This tenament is still in their portfolio and has often been mentioned as a potential fund raiser if sold. It fell away as did Atlas with the colapsing of the iron ore price.
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Last
36.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $181.1M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 37.0¢ | 35.3¢ | $94.50K | 261.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17351 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 30000 | 1 |
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| Last trade - 15.59pm 23/08/2024 (20 minute delay) ? |
| CTM (ASX) Chart |