I also went through the resource and reserves statement of last june , prepared by NST
A million ounces of reserves @$1500aud
around 5g/tone
Crazy stuff.
A rough calc on that gives
125,000 would be RND share
At these gold prices , that is double the present market cap.
And you can double that again if you look at the resource.
And $1500 aud gold price ???
thats a bit conservative now , i would think.
Even at say $1250 ASIC , you are talking huge moneys or gold bar accumulation.
I also went through the resource and reserves statement of last...
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Last
$1.70 |
Change
-0.100(5.56%) |
Mkt cap ! $96.68M | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.80 | $1.70 | $55.72K | 32.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3184 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 7747 | 1 |
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| Last trade - 15.35pm 31/07/2025 (20 minute delay) ? |
| RND (ASX) Chart |