What worries me is why have they suddenly decided to
start up a whole new mine? This will involve a whole new
decline to get down to the gold and this, based on past experience, will take years to complete.
My logic tells me that it would be far better to concentrate
on the warrior mine, which already has most of the infrastructure, including decline. This way they could first
become cash positive, which would push up the share price,
and later, very cash positive which would help fund
development of the city reefs mine.
I keep reading that the gold is there. I am now having
my doubts - otherwise why would they be going off on a tangent.
I threw in the towel first thing this morning
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $9M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $837 | 278.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 18515526 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 3203468 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 18515526 | 0.003 |
6 | 7833668 | 0.002 |
3 | 8400999 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 3203468 | 9 |
0.005 | 12326846 | 14 |
0.006 | 2732952 | 6 |
0.007 | 1714285 | 2 |
0.008 | 2000000 | 1 |
Last trade - 11.08am 26/06/2025 (20 minute delay) ? |
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