The mining should be a low cost operation and if the can blend the two ore bodies to reduce the phosphorous levels even better. The one thing that concerns me is there cash flow and whether they can go all the way. I've been looking at these guys and want to buy though I'm waiting for the price to get closer to the .08 mark again.
Iggy Tan is good at getting money and this might help get them over the line. They just need to make sure they don't get money for money sake and keep an eye on the terms. I think there's growth in this company whether its long term not sure.
questioning, page-3
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $49.87M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.3¢ | $256.0K | 17.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1039617 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 666223 | 2 |
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| Last trade - 16.10pm 31/01/2025 (20 minute delay) ? |
| M4M (ASX) Chart |