Biggest problem is the POG. Every assumption on this assumed a POG at greater than $1500.
With POG at $1200 all bets are off.
In hindsight they had window of opportunity when the SP was over 50c to pour cash into wide area exploration and to dig into some of their finds.
Instead they wandered off to re-drill Attila Hahn.
It is worth noting that they haven't really found a lot since 2008 - if you dig through their really old reports and compare to now not a lot has changed - more detail but not a lot more.
Pity
Biggest problem is the POG. Every assumption on this assumed a...
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Last
$1.67 |
Change
-0.033(1.91%) |
Mkt cap ! $1.810B | |||
| Open | High | Low | Value | Volume |
| $1.72 | $1.72 | $1.67 | $2.713M | 1.613M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 40710 | $1.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 37914 | 40 |
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| Last trade - 14.51pm 03/10/2024 (20 minute delay) ? |
| GOR (ASX) Chart |