$7.5m cash and equivalents and hitting high grade gold from surface, currently drilling and has just popped out the top TA wise. Looks like some solid risk v's reward here. Also from what I understand they can move to 70% on the JV by paying $3m, given the grades they are hitting they would be mad not to.
Looking at the chart there is some resistance at 3.5c and then further more significant resistance around 5.5c, for now it's looking pretty safe for a crack at 3.4c however further high grade gold hits put the 5.5c target well in range
$7.5m cash and equivalents and hitting high grade gold from...
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $62.79M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.0¢ | $32.91K | 188.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 289156 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 151267 | 5 |
View Market Depth
| Last trade - 15.53pm 03/05/2024 (20 minute delay) ? |
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Last
17.0¢ |
Change
-0.005 ( 2.86 %) |
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| Open | High | Low | Volume | ||
| 18.0¢ | 18.0¢ | 17.0¢ | 64206 | ||
| Last updated 15.16pm 03/05/2024 ? | |||||
| RXL (ASX) Chart |