JB talking his own book as usual trying to poor cold water on any industry excitement so that the minnows he is chasing come back to the table cap in hand. He is clearly feeling the pressure on not delivering on M&A and has added not much to the company by simply infill drilling an already known paleo channel system on an exiting lease. Granted presentation graphics have improved and he was able to sell a vision to a completely new group of global investors who seem to be backing him. High marks for this.
Re Tumas, at 3 million lbs per annum and grades ex pit of 300-400ppm I cant see how this project has anything other than a $60-70/lb incentive price. Langer H has grades twice this and is the industry swing producer - only profitable 2 years in 10.
Not sure whether the Chinese and French would make the same mistake again and buy these resources at the peak of the next bull market.
JB talking his own book as usual trying to poor cold water on...
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Last
$1.68 |
Change
0.060(3.72%) |
Mkt cap ! $1.623B | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.72 | $1.65 | $9.369M | 5.581M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 26698 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$1.69 |
Change
0.060 ( 4.64 %) |
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| Open | High | Low | Volume | ||
| $1.67 | $1.71 | $1.65 | 1633758 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| DYL (ASX) Chart |