I Think the share price appreciating is a foregone conclusion. We've rolled into November the BFS will be complete by March with an intention for early works March-June for first product in September. Once they hit a 60000 ounce run rate it's around $50m USD profit. That's $70m AUD per annum. Market Cap should be around $500-$700m by then imo. Question isn't the share price rising on MR it's how much then how much for BFS if we get there, the MR gives West Wits approval to mine but it also gives anyone who wants to buy them out that same approval it's probably the most significant hurdle in the way of that rosy future!
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.12M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.5¢ | $83 | 5.557K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 128165 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 379999 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 128165 | 0.015 |
12 | 6448799 | 0.014 |
6 | 2407587 | 0.013 |
5 | 2707223 | 0.012 |
7 | 609033 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 379999 | 3 |
0.017 | 4475133 | 8 |
0.018 | 1062560 | 6 |
0.019 | 270000 | 1 |
0.020 | 1905000 | 5 |
Last trade - 11.56am 08/10/2024 (20 minute delay) ? |
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