Hey Smartdude. Pretty hard to see. I am a long time holder who has seen my money disappear over the last few years. almost too far gone but I think my ego won't let me crystallise the loss. Will likely sell when I need the carry forward loss for tax purposes.
My understanding of why the MC is so low is uncertainty around processing refractory ore. Not many investors want to take on that risk.
I know there are mines such as Fosterville in Victoria that get ~97-98% recoveries but I believe that hey have a uniquely fine tuned and world class biox circuit.
Anyone else have thoughts on the refractory discount?
Hey Smartdude. Pretty hard to see. I am a long time holder who...
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13.5¢ |
Change
-0.003(1.82%) |
Mkt cap ! $54.95M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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