These guys don't have a mine permit. No bankable feasibility study which costs $millions. Capex of $30m, no government support I know of, maybe ALP will kill off the area completely? What idiot would give these guys $30m to build this leggo operation? Could be good trading stock if you're happy to sell under 5c. Back to 2.5-3c within months in my opinion. Massive dilution coming
This PFS could bring 100% price rise tomorrow, page-5
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Last
4.1¢ |
Change
-0.005(10.9%) |
Mkt cap ! $255.4M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.6¢ | 4.1¢ | $354.8K | 8.203M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 635800 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 930374 | 8 |
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| Last trade - 11.14am 05/08/2024 (20 minute delay) ? |
| MMI (ASX) Chart |