"Historically the forward plan with AP and ORA has been at a frustrating snails pace...hence why I sold half of my holdings earlier this year and now making a nice profit in AWJ"
I dispute the "snails pace " assertion as he has been the CEO for around 17 months and in that time we have gone from a scoping study of around 22 k ounces at 4.1 grams a tonne to 240K ounces at guessing around 5 grams a tonne with an MOU in place for processing that ore
Not hard to ascertain form the above that we have gone from around 30M in potential cash flow to around $400M in potential cashflow in 17 months (took 1 minute to throw those numbers together but you get the drift I am sure ) that we are over 10 times the monetisable value .
It is painful to watch Alex speaking he does not exude any confidence unlike the charlatans and Disallowed salesmen out in the small cap explorer world , but I prefer an MD like Alex who has hit targets , rather than one who is all hat with a big mouth and no horse
As a side note nice to see mention that the strip ratio now looking to be down to cc 9:1 rather than the 10:1 previously hinted at
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Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $42.84M |
Open | High | Low | Value | Volume |
0.5¢ | 0.6¢ | 0.5¢ | $908 | 162.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 21313228 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 23717943 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 21313228 | 0.005 |
15 | 12398647 | 0.004 |
4 | 2363355 | 0.003 |
7 | 5070398 | 0.002 |
12 | 48792038 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 23717943 | 25 |
0.007 | 28936348 | 17 |
0.008 | 13186005 | 10 |
0.009 | 14256700 | 4 |
0.010 | 5833474 | 9 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
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CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
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