It's too early for off-take agreements. The latest timeline has these signed in Q3 2019 so those discussions would be commencing now that we have a PFS in hand.
I'm as annoyed as anyone with the SP action but I'm not going to throw in the towel while the fundamentals stack up and with ATC progressing their smaller 4,500t plant which should provide a good path for our SP to follow.
The whole spec market is down at the moment but the chart appears to be bottoming out so let's hope that it's onwards and upwards from here. We may touch support at 6c but that would make us even more horribly undervalued IMO (MC of $8.8M and EV of $7.3M with gold assets in hand) and attract more new investors to the value that is presented.
We have very positive news flow expected this quarter in the sales of the gold asset and 5N HPA met results which should coincide quiet nicely with a technical correction and kick off the rebound to a more appropriate share price.
It's too early for off-take agreements. The latest timeline has...
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $2.969M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $8.188K | 4.075M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 29049421 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 32776894 | 14 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| PUA (ASX) Chart |