a further comment was that if the 30 days was breached again, that the quarterly may be released early to calm anxious investors. so at that particular point where this question was asked, (early April), they were on track still for production announcement. well that's how i read into it.
as for the confusion earlier, although “Commercial Production” has not been declared, it does not mean that they have not been producing any Gold/Silver (of which they have). But until “Commercial Production” has been declared any revenue earned is not classed as Sales but is offset against the capital costs of developing the mine.
So i am certainly not selling for some time. The company is seemingly still in a very strong position and shares are still at a great price.
I just wish we didn't have to ask them questions to extract information. they certainly need to develop better PR skills!
- Forums
- ASX - By Stock
- reason for 3% rise
a further comment was that if the 30 days was breached again,...
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RED (ASX) to my watchlist
(20min delay)
|
|||||
Last
42.0¢ |
Change
0.010(2.44%) |
Mkt cap ! $2.857B |
Open | High | Low | Value | Volume |
42.5¢ | 43.0¢ | 40.5¢ | $55.01M | 131.2M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 136340 | 41.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.0¢ | 2109264 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 136340 | 0.415 |
19 | 2303463 | 0.410 |
13 | 693056 | 0.405 |
34 | 723622 | 0.400 |
12 | 343937 | 0.395 |
Price($) | Vol. | No. |
---|---|---|
0.420 | 735494 | 1 |
0.425 | 1741878 | 18 |
0.430 | 1937932 | 12 |
0.435 | 1953423 | 14 |
0.440 | 1484830 | 12 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
RED (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online