Closing price - 1.1c Market cap - $7m Shares on issue - circa 459m Cash at bank - circa $2m.
A bit of an old ratbag this one….but has been cleaned up and register consolidated. Just taken on an Antinomy (commodity of the moment) project in one of Africa’s more favourable mining country’s - Morocco. Significant Rock chip samples received during acquisition DD. Also have some REE and Uranium grounds under their wings in Australia. Run on the smell of an oily rag now with minimal wage and corporate costs - suddenly volume has come into the stock and trader interest is spiking. Can’t post a chart ATM, but broke out of a long 12 month price channel last week on consecutive day push. Extended past .008 and 1c resistances respectively closing above to end the week at 1.1c.
Breakout signals are clear and once it settled back (and held support after touching 1.3) - looks good to my eye to have a stronger move yet. If a chart is needed - can add in the AM.
