The poor market depth might be related to the recent announcement (Hannans - Forrestania Nickel and Gold Project Update)? They only intersected anomalous nickel in one of the holes which was probably less than some people had hoped for IMO? They appear to be taking a systematic approach to exploration in the area and are using the right techniques so in that regards I’ll give them a thumbs up.
The share price is pretty much sitting where it should be until they prove up some value on their exploration assets or AGO/WRK share price increases etc. IMO.
Looking forward to these upcoming announcements: Lake Johnston Drilling, AGO/WRK merger, Vale QVR drilling & Forrestania drilling. I’m most interested in the Lake Johnston drilling which I thought had some potential.
Thoughts?
The poor market depth might be related to the recent...
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $5.462M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $3.001K | 1.458M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 17619618 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 3170603 | 3 |
View Market Depth
| Last trade - 15.20pm 27/06/2024 (20 minute delay) ? |
| RIL (ASX) Chart |