Had my eye on this one for quite a while...but my calculator tells me there isn't a lot in it...still. I like the story...but needs more ounces...a lot more - given the stretch to 12 years...
Startup costs look expensive to me too. And I'd worry about the number of shares on issue when it finally gets going. That said, if I see a good dip I'll have a go. I plugged around with the numbers and can see 25 - 40¢ when production gets consistent...
surprised by the lack of interest, page-5
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $2.040B | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.0¢ | 29.3¢ | $10.78M | 35.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 262175 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 215007 | 9 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| RED (ASX) Chart |