100,000 per year to be delivered in 2011 they reckon, if it does actually happen with costs less than 400/oz (they reckon 350) this company will be knocking on the door of the asx100. 100,000oz x (1150/oz - costs 400/oz) = 75m or about 9c / share (841m on issue).
I take it for the last 5 years or so the 100,000oz's have been around the corner and that's why the share price is so low? Still worth a punt for a medium to long term hold IMO as has multibagger potential written all over it with 10m+ oz JORC resource.
100,000 per year to be delivered in 2011 they reckon, if it does...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 24047419 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 1749999 | 2 |
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| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| CTO (ASX) Chart |
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