Rock, See below comment I have made regarding their December announcement and coming back with <1Moz-Today’s downturn would be due to a lot of holders expecting over 1Moz, I was to. Yet the disappointment of not achieving this was overcome by the massive growth of the ‘measured’ resource - the actual money that is sitting in the ground. (See point 3)
-Any share holder that has done their due diligence on this company will remember this company has a successfully executed business model to toll mine/process to generate positive cash (2015-2016 from memory).
-133,000oz OF MEASURED RESOURCE, at today's AUD price of $2,150 that equates to hmmmm. $285,950,000. Even if all in costs are around 60% to turn this buried gold into cash, we are still looking at $114,380,000 of cold hard in the bank (of measured resource only - (excludes indicated and inferred)
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Last
$1.90 |
Change
0.015(0.80%) |
Mkt cap ! $2.126B |
Open | High | Low | Value | Volume |
$1.87 | $1.90 | $1.86 | $4.830M | 2.571M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 62411 | $1.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.90 | 89938 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3146 | 1.885 |
1 | 3146 | 1.880 |
3 | 10527 | 1.875 |
3 | 51424 | 1.870 |
2 | 12926 | 1.865 |
Price($) | Vol. | No. |
---|---|---|
1.900 | 68307 | 6 |
1.905 | 12643 | 3 |
1.910 | 25234 | 4 |
1.915 | 2613 | 2 |
1.920 | 35016 | 5 |
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