Hard to compare this one to KRM. Other than the few extremely high grade intercepts, it appears the dominant tenor is in the 2 - 3 g/t range (not exactly high-grade underground mining potential). For all of the 18,000 m of drilling ($20 million expended historically), only some 20-30 intercepts above that 2-3 g/t. Appears more likely a bulk mining low-grade open pit scenario... And a lot of capital raising and hard work over the next two years before we know.
Still, with only some 30 million shares on issue, they can blow out to 100 million shares and still be in the $2.00 price range, if everything falls into place, making it a nice potenital ride.
Just my 2-3 cents' worth.
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Last
17.0¢ |
Change
-0.010(5.56%) |
Mkt cap ! $11.24M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.0¢ | $2.578K | 14.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1242 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 5086 | 1 |
View Market Depth
| Last trade - 12.40pm 24/06/2025 (20 minute delay) ? |
| AHK (ASX) Chart |