"True, the geologic chance of success is about one in six, but the company's strong cash backing means this is a no-brainer. Speculative buy."
company won't proceed if land is no good Johno, was trading $5m below cash with $5m spend at 17c - the end of the paragraph that you refer to above from article posted
"True, the geologic chance of success is about one in six, but...
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Last
2.5¢ |
Change
-0.003(10.7%) |
Mkt cap ! $111.0M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.5¢ | $309.6K | 11.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 2487189 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 673819 | 4 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| LRL (ASX) Chart |