If it goes back to being an explorer then I feel its going to hit the market cap hard.
You only have to look at Orion (ORN) which is now caped at around $5M who hold a swag of tenaments right next to the Morningstar mine to see what can happen when a producer like ORN was , ends up back being an explorer.
Its hard to blame NG though I feel without all the facts he did relegate responsability on at least two seperate occasions to MDs who must also accept some of the responsability , and the ore body itself is difficult.
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.422M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 60000 | 1 |
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| Last trade - 16.21pm 15/07/2025 (20 minute delay) ? |
| MCO (ASX) Chart |
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