It's only a few weeks until they start milling the ore which is being carted,from then on it will be $3-5 mill. in the bank every month perhaps even more as the ore that was left underwater was very high grade. I don't think they will stop creating cash for a very long time because it is not rocket science to arrange your mining schedule to keep feeding their own mill with ore worth money once they begin . In this economic climate where cash is king the share price will rebound and the potential to buy cheap cash flow positive opportunities is huge.
If you listen to Boardroom radio you will understand that the potential here is unlimited and at worst case scenario there is a profit to be made for a long time yet.
In a previous post I suggested my ultimate dream, a little bit of Nickel(Sorry, A LOT) If that happens all us happy holders for 4 years at 9 cents will again be rewarded with another enormous windfall.
golden orb wattle dam one big mine, page-3
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Last
$1.96 |
Change
0.005(0.26%) |
Mkt cap ! $2.234B | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.00 | $1.94 | $5.420M | 2.764M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17517 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.96 | 17449 | 4 |
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| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$1.96 |
Change
0.005 ( 1.27 %) |
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| Open | High | Low | Volume | ||
| $2.00 | $2.00 | $1.94 | 586693 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| RMS (ASX) Chart |