Where do you see exploration finding new deposits? Honest open question.
To my knowledge the main tenement areas present limited exploration upside.
Duketon mostly drilled out - already known
Mcphillamys mostly drilled out - already known
Tropicana mostly drilled out - already known
There is a very low chance of a major discovery on the existing tenements. The company's biggest issue IMO is its inability to control costs. This seems like a trend that formed when the old management all left and the new management was brought in. I am prepared for the SP to go lower, maybe that can be a wake up call to management to shape up.
Where do you see exploration finding new deposits? Honest open...
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Last
$2.54 |
Change
0.060(2.42%) |
Mkt cap ! $1.918B | |||
| Open | High | Low | Value | Volume |
| $2.56 | $2.59 | $2.54 | $11.38M | 4.463M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 40092 | $2.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.55 | 26938 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RRL (ASX) Chart |