They must have overstated the grade by a fair bit to come a cropper. Usually they never look at anything that won't make a +12% return. and even with the fall in price it never did make sense to close a 30 year operation that they predicted should only cost ~5.50 a pound to produce. How much did they overestimate the grade by do you know - sounds like a lot?
mre sniffing down at hopetoun, page-5
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Last
$1.97 |
Change
-0.010(0.51%) |
Mkt cap ! $298.2M | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.98 | $1.97 | $217.9K | 110.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 15614 | $1.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 9600 | 1 |
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| Last trade - 15.52pm 19/11/2024 (20 minute delay) ? |
| MRE (ASX) Chart |