gmt I'm not giving you or anyone advice of course , as I'm just a mug investor like everyone else on this forum.
I think the company should clarify a few things that's all - it owes its long term shareholders that much.
Re: current real costs - are you sure that Development costs will eventually decrease with scale here (I'm assuming that's what you're hoping for as a long term investor) ? .. assuming of course production scales up ?
After all you need to tunnel through x volume of dirt to get to y ounces of gold - and I would logically expect this x to y ratio to remain relatively constant irrespective of scale.
So if Development costs (Access Tunneling ) have been averaging $1,000/oz thus far I can't see how they will come down with scale.
Can someone correct me if I'm wrong here ?
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Mkt cap ! $9M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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26 | 17827747 | 0.3¢ |
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Price($) | Vol. | No. |
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0.4¢ | 3003468 | 8 |
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No. | Vol. | Price($) |
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26 | 17827747 | 0.003 |
6 | 7833668 | 0.002 |
3 | 8400999 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.004 | 3003468 | 8 |
0.005 | 11906846 | 13 |
0.006 | 2732952 | 6 |
0.007 | 1714285 | 2 |
0.008 | 2000000 | 1 |
Last trade - 16.21pm 24/06/2025 (20 minute delay) ? |
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