You are right, the audited final Half accounts have a lower EBITDA than the Qrtlys. Not so large but a small negative and acceptable that final accounts will be massaged a little bit one way or another I suppose.
Let's face reality though, this stock is a gamble not an investment at this stage. Nifty needs to keep moving it's grade higher into the large >2% Cu resource similar to the >2% head grades being put through the plant before they took over with a disastrous plan to mine the low grade remnants. The resource, reserve and historical production right up until Sep 2016 all says it can be done. The copper price is a lot higher in AUD than back in 2016 but so are the costs. A lot of money on new capital equipment etc hopefully will get things working. The engineering boffins convinced Renison to build a new 3 way crusher/screening system and install ore sorters at great expense and inconvenience. If they are right, and they did it all for a reason obviously, the mine should make a step change in mining efficiency and profitability all things being equal. But all things are not equal, they are developing into the fantastically high grade and thick Leatherwood and Area 5 which will be a lot more profitable, especially with the tin price still rising. However, time and cash is running out and the market are on tenterhooks as proven yesterday.... place your bets
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57.0¢

You are right, the audited final Half accounts have a lower...
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Last
57.0¢ |
Change
0.025(4.59%) |
Mkt cap ! $505.2M |
Open | High | Low | Value | Volume |
55.0¢ | 58.0¢ | 55.0¢ | $2.022M | 3.573M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 19522 | 56.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
57.0¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 19522 | 0.565 |
1 | 50000 | 0.560 |
1 | 50000 | 0.555 |
3 | 21799 | 0.550 |
2 | 54100 | 0.545 |
Price($) | Vol. | No. |
---|---|---|
0.575 | 50000 | 1 |
0.580 | 240517 | 4 |
0.585 | 59559 | 3 |
0.590 | 35000 | 1 |
0.595 | 100000 | 4 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
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