False. The plan is simply to drill and discover as much high grade copper they can over the next 12/18 months to be able to feed an upgraded plant for decades. Have a look at the BGL strategy as to how they did it there and the value to shareholders of why they are implementing that strategy here. The more high grade copper they discover, the higher the SP will go in an environment of rising copper prices. It will also attract the attention of mid tiers and majors.
LIVE & FREE livestream of company presenting at RIU Explorers Conference today (Tuesday), page-13
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Last
82.5¢ |
Change
-0.025(2.94%) |
Mkt cap ! $377.3M | |||
| Open | High | Low | Value | Volume |
| 86.5¢ | 86.5¢ | 82.0¢ | $1.951M | 2.337M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 29997 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 33093 | 1 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
82.5¢ |
Change
-0.025 ( 2.99 %) |
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| Open | High | Low | Volume | ||
| 86.0¢ | 86.0¢ | 82.0¢ | 538149 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| FFM (ASX) Chart |