There are many warning signs to consider, having seen the debacle of geo resource statements from other nameless gold companies, I wonder about the ethics and compliance and reporting to the JORC 2012 standard. The only reliable proof of geo ore reserve / resource statement optimism is the balance sheet.
One has to consider, why sell Darlot & KOH in the first place, next consider the dilution to holders, next consider Bullseye???? next consider operating costs, remuneration to workers & management. Next consider Siana, consider the debacle of many mine wall failures and tailings dam failure. Next consider who in management may hold purchased or entitled shares.
Ore resource statements.......AISC.....the SP.......one may ask the question is the shareholder who is risking hard earned cash really considered here?
From past experience I doubt it.
There are many warning signs to consider, having seen the...
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Last
42.5¢ |
Change
0.005(1.19%) |
Mkt cap ! $2.891B | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 43.5¢ | 41.5¢ | $11.42M | 26.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 222136 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 1437793 | 11 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |