Reason to sell
- the long list of incidents that have occurred since start up.
- A few CR's,
- a mill that is old
- poor reporting from Mngmnt to shareholders on Op performance
- It appears that the ore is extremely hard to extract gold from even using different blast patterns & wrecks mills
- grades have not met DFS
- selling an asset (Mt Ida) which has since gone up multiple time making $$ for others
- better miners out there
Reasons to buy
- All issues identified and fixed ?
- single mine
- huge territory to look for better gold which is of economic grade not in 'tough'" ore
- lotsa Cash
- Plant running at 100% - 100kt/ month
- new CEO
- Pits have had overburden removed
I am still in huge loss, so I am a hold and c what happens
Reason to sell- the long list of incidents that have occurred...
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Last
32.5¢ |
Change
-0.010(2.99%) |
Mkt cap ! $603.3M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.0¢ | 32.5¢ | $55.21K | 169.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 23888 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 73126 | 10 |
View Market Depth
| Last trade - 11.25am 30/05/2024 (20 minute delay) ? |
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Last
32.5¢ |
Change
-0.010 ( 1.52 %) |
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| Open | High | Low | Volume | ||
| 32.5¢ | 33.0¢ | 32.5¢ | 61237 | ||
| Last updated 11.15am 30/05/2024 ? | |||||
| OBM (ASX) Chart |