This is a low grade Au ore body with a forecast operating margin which leaves minimal room for error & still yet to prove itself operationally. Without exploration success its going to be a tough road ahead. I estimate there will be little money available for exploration from the capital raising, after working capital is replenished and costs including brokers fees have been paid. My recommendation would be to stay well clear of this one until there is some light on the horizon.
This is a low grade Au ore body with a forecast operating margin...
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Last
$1.24 |
Change
-0.125(9.16%) |
Mkt cap ! $1.372B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.38 | $1.24 | $9.907M | 7.703M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 42348 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 109996 | 2 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| SPR (ASX) Chart |