The problem is how they get the 1m ounces into production. They can’t raise the money on anything close to their market cap without massive dilution. So they’ll need to be creative/find a partner. So far there’s not been much indication of progress on that front - although maybe they’re counting on building up the MRE and improving their negotiating position before they start more substantive efforts to monetise the resource.
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Last
4.9¢ |
Change
0.004(8.89%) |
Mkt cap ! $29.77M |
Open | High | Low | Value | Volume |
4.5¢ | 4.9¢ | 4.5¢ | $43.92K | 930.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30807 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 183994 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30807 | 0.048 |
2 | 50552 | 0.047 |
2 | 190000 | 0.043 |
3 | 588095 | 0.042 |
2 | 260379 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 183994 | 2 |
0.050 | 147869 | 5 |
0.051 | 50000 | 1 |
0.052 | 340000 | 1 |
0.053 | 230000 | 1 |
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