I haven't seen anything glaringly obvious at the moment but they do have close to an $80m fully diluted MC and a ~AU$22m convertible note to Sprott and Pala (but a decent cash reserve too). They're still not operating at a profit, so maybe people just want to see the spot price move more convincingly first and the ETF re-adjustment can't help. I don't have a great understanding of the resource either, maybe it's not an easy one to mine economically?
I haven't seen anything glaringly obvious at the moment but they...
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Last
7,952.3 |
Change
54.800(0.69%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,897.5 | 7,953.4 | 7,897.5 |
| XAO (ASX) Chart |