The outlook is quite poor. I've never seen a management team so aloof or out of depth. Might have something to do with their accounting backgrounds and major Chinese holders not knowledgeable regarding mining exploration in Australia.
They jump from tenement to tenement in a completely ad-hoc nature. They sold the Grasmere copper deposit and project to ODM for a pittance - where there were very nice high grade zones and additional exploration was warranted.
Now they're waiting on further tenement applications and the process will restart. Field exploration, many months later basic AC reconnaissance drilling... even though they struggled to raise funds last time round.
They've completely wasted an excellent opportunity to further the Grasmere copper project in a copper bull market.
Yawn.
The outlook is quite poor. I've never seen a management team so...
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Change
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Mkt cap ! $3.177M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $25.56K | 8.520M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3264410 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 6871048 | 16 |
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| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Change
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 7022263 | ||
| Last updated 13.52pm 06/06/2024 ? | |||||
| AOA (ASX) Chart |