Insurer payout not guaranteed, who would want to buy Koolan or EH? I doubt BHP, RIO, FMG would be interested. May also be hard to shift a shit load of dumpys etc in this market.
Best option would be care and maintenance, hold onto both projects for hopefully better days to come in a few years time. Branch out into Copper/Gold, maybe look at foreign projects like Troy resources successfully did.
Doing nothing is killing this company, at-least explore and do something.
Insurer payout not guaranteed, who would want to buy Koolan or...
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Last
42.0¢ |
Change
0.010(2.44%) |
Mkt cap ! $510.2M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 42.0¢ | 40.5¢ | $1.108M | 2.659M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4572 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 179187 | 6 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MGX (ASX) Chart |