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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Rock, See below comment I have made regarding their December...
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$1.83 |
Change
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Mkt cap ! $2.053B |
Open | High | Low | Value | Volume |
$1.85 | $1.86 | $1.82 | $4.299M | 2.337M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5610 | $1.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.83 | 13603 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 117468 | 1.820 |
3 | 41531 | 1.815 |
2 | 21531 | 1.810 |
1 | 4229 | 1.805 |
3 | 49782 | 1.800 |
Price($) | Vol. | No. |
---|---|---|
1.835 | 21218 | 4 |
1.840 | 4229 | 1 |
1.845 | 44024 | 4 |
1.850 | 82992 | 8 |
1.855 | 21531 | 2 |
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