Sounds like a LOT of companies on the ASX (I call them CEO lifestyle stocks). Have followed a lot that seem to be MD and board retirement funds disguised as promising mining explorers. The give-away is :-
a) This is our year!
b) Admin and wages being 75%+ and drilling is a token gesture and never shows anything
c) Heaps of joint ventures that amount to nothing but fluff as a joint venture in something that never happens... still never happens
d) Acquiring "good prospects" after a capital raise... but selling it 3ish years later to cover wages and admin for next 2 years. (after people that bought in for it have sold off)
e) Companies run by solicitors instead of geologists and specialist miners.
Sounds like a LOT of companies on the ASX (I call them CEO...
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Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.35M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 30250 | 1 |
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| Last trade - 09.45am 19/06/2025 (20 minute delay) ? |
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