Current market cap is AUD11.3 M.
USD 10M = AUD 13.4 M.
So the extra income alone over FY 2017 is more than the current market capitalisation.
BTW - I did say game would be played with the sp and today down to 9.2c. from 10.5 c two weeks ago.
Really really low volume sells is all it needs to do so. PGI isn't on any institutions radar, so easy for "PGI's friends" to keep scooping up small volumes playing with bots.
The announcement of the China connection lasted about two days. Expect more of the same if PGI doesn't start persuading DR entities to start approving large scale trial runs of concentrate in preparation technically and de-risking the DRG's suggested taking of indigenous gold proposal.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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50 | 44429304 | 0.3¢ |
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45 | 40665767 | 0.003 |
17 | 15525536 | 0.002 |
15 | 24617950 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 8248993 | 8 |
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