Who knows? I understand the exploration licence for Mt Remarkable hasn't been granted yet and SPX don't have any money to proceed. A large fundraiser will need to happen and when it does I expect new shares to be offered at half current price. Current activity appears to be ignorant of the necessary process going forward.
Interesting that today's report only mentions Speewah Mining as the JV partner and not the listed Speewah Mining parent King River Copper (KRC). Wonder why!!
KRC is on the verge of greatness or, based on history, a crumbling mess.
Ann: Quarterly Activities and Cashflow Report-SPX.AX, page-3
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $47.56M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $55.74K | 5.574M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 7380663 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 779553 | 3 |
View Market Depth
| Last trade - 15.57pm 26/11/2024 (20 minute delay) ? |
| SPX (ASX) Chart |
