nk
How do you know that they will achieve 500 ounces per week in 2 months time? Have you been in contact with NG to check timing or are you making assumptions on this?
I hope you are right because once there is such a cashflow the company becomes substantially derisked from running out of cash - they should be cashflow positive I think.
That is what the market is waiting for to make the share price go higher.
At present it looks as if some people are taking shelter or have some concerns.
I might even buy a few more shares if the price stays low and they are cashflow positive. NG will need to provide accounts setting clearly our the production/financial circumstancs because the market is likely to remain skitish for some time.
loki
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myeco group ltd
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.422M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.3¢ | $5.989K | 411.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 543409 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.013 |
2 | 383400 | 0.012 |
2 | 241438 | 0.011 |
3 | 611105 | 0.010 |
4 | 860910 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 543409 | 1 |
0.017 | 10000 | 1 |
0.019 | 157947 | 1 |
0.020 | 2000 | 1 |
0.021 | 20000 | 1 |
Last trade - 14.54pm 14/07/2025 (20 minute delay) ? |
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MCO (ASX) Chart |