Yes it hasn't produced a decent profit as yet - the last decent operational qtr was Sep03 - Dikulushi will start earning profits of $2mil/month as from next month but we need to actually see it to believe it.
Dilution is playing a big part with the sp at the moment - lots of shares/warrants issued last Dec - up to 10mil+more shares(100mil+ CDI's) issue coming this week for SXEW facility - then how do we finance the CapEx(up to $30mil)for the second starter project at Kinsevere?
The market hates uncertainty - nobody will buy until the announcement is made and the detailed plans released for the near future.
I'm sure we don't have long to wait.
Yes it hasn't produced a decent profit as yet - the last decent...
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Last
4.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.45M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 250000 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 554175 | 2 |
View Market Depth
| Last trade - 09.48am 25/06/2025 (20 minute delay) ? |
| AVM (ASX) Chart |
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