I am as disappointed as anyone but i am still willing to give management the benefit of the doubt. Correct me if Im wrong but i don't believe there was a leaky boat prior to the initial 4 billion tone news last November. Yes the scoping study appeared to be written on toilet paper but i feel the share price decline has merely reflected general market sentiment including lower coal prices.
I have said before that the rail is the key to this project and i believe it would be the biggest single driving factor if this was to recover. No use having 6 billion tone of coal if you can't get it to the customer. This must be the focus of management imo and i think a company update is required.
I am hanging in there still (cos Im sitting on too much of a loss) and have no choice but to sit and hope.
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Last
3.1¢ |
Change
0.004(14.8%) |
Mkt cap ! $12.34M |
Open | High | Low | Value | Volume |
2.9¢ | 3.1¢ | 2.8¢ | $35.06K | 1.201M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 186810 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 143823 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 186810 | 0.028 |
1 | 150000 | 0.027 |
2 | 250000 | 0.026 |
1 | 150000 | 0.025 |
1 | 130434 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 143823 | 1 |
0.032 | 150507 | 1 |
0.034 | 173600 | 3 |
0.038 | 110000 | 2 |
0.050 | 100000 | 1 |
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