this is too cheap now. the selling is coming from a comsec account because my orders in the last few days have all been cross traded including just then at 32.5c.
Mkt cap @ 30c is about 42m. Assuming cash and unsold gold is over 12m, EV is less than 30m now.
The company will survive because they are making cash now and only a little bit more CAPEX and drilling and we will get Murchison to phase 2 where heap leach will produce 13koz a year at around $500/oz.
this is too cheap now. the selling is coming from a comsec...
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Last
9.7¢ |
Change
-0.003(3.00%) |
Mkt cap ! $55.02M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.7¢ | $13.21K | 132.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 58549 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 1352 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| KGL (ASX) Chart |