Targets not hit again, commerical production called premature, inability to deliver consistant ore feed to the process plant, 140000 cubic metre of sludge to dispose of,mill not running 24 hours a day.
Its just one disaster after another and at no stage do they advise the market of any of these ongoing issues.
I can now understand why the share price hasnt spiked and why the directors havent been buying shares at these prices.
More pain installed unless gold runs to break previous records. In this market any downside in gold price and inability to sort and resolve problems with getting ore feed thru process plant 24/7 will see the price go under $1. IMO
still on track with production guidance, page-12
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37.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.516B | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 37.5¢ | 36.3¢ | $3.049M | 8.262M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 269461 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 805057 | 10 |
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| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| RED (ASX) Chart |