Lets hope like hell they use that money very wisely and the company doesnt have a repeat of capital management like kennedy. This really is a black swan moment for Gold companes that will only be seen once in a lifetime.
I dont think there has ever been a time like this in history. It would be wiser to wait for bulk commodites to crash and pick up some good high grade iron or copper assets, more likely iron ore than copper. I would wait until the sept quarter before spending any hard earned cash reserves. It has taken 15 years to build at an averge rate of 25 million a year and a lot of risk. This by no means has been an easy climb to the top.
Lets hope like hell they use that money very wisely and the...
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Last
$2.02 |
Change
-0.010(0.49%) |
Mkt cap ! $2.308B | |||
| Open | High | Low | Value | Volume |
| $2.02 | $2.03 | $2.01 | $3.547M | 1.757M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 4 | 31207 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $2.03 | 89910 | 6 |
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| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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$2.03 |
Change
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| Open | High | Low | Volume | ||
| $2.02 | $2.03 | $2.01 | 433117 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| RMS (ASX) Chart |