Padd,
Thats all well and good, but if they cant make money during this downturn then they wont be able to make money during the next one. this mine will be a long life mine and it will see its fair share of downturns, that to me spells trouble if they are not profitable at current prices.
im just amazed that the share price shot up on the news that this mine would be losing money if it were in production today.
on the move, page-9
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $3.667M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $367 | 183.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 28474995 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 6070354 | 9 |
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| Last trade - 10.04am 30/08/2024 (20 minute delay) ? |
| IBG (ASX) Chart |