The risk factor with CGT has increased. Hnce, the market is unwilling to price the shares above 10c.
Victorian gold has the highest grades in the country however not all are consistent, This deposit is one of the inconsistent ones typical of the this region.
With inconsistency comes higher risk. Until CGT prove they can mine profitably the stock price is stuck here or lower.
I think the move to use their own labour is a smart one. Pybar, who I'm pretty sure Castlemaine were using,are in the higher bracket cost wise.
- Forums
- ASX - By Stock
- trading resumes - bounce prediction ?
The risk factor with CGT has increased. Hnce, the market is...
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)