I know absolutely nothing about this stock but Ophir where in your calculations have you accounted for the reasonable costs in getting it out of the ground. I could be wrong but I highly doubt any mining company in the world runs at 80% gross profit.
Also, I don't know that this company does, or does not, have sufficient capital to get it out of the ground. I would assume that this is why the share price isnt $20.00.
There's a huge difference between in and out of ground values.
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $33.26M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.3¢ | $53.77K | 2.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2535204 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 679965 | 2 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| ARD (ASX) Chart |