2018 or bust, people. I back myself in as a good judge of character and Garry Mills strikes me as the type of bloke who doesn't mince his words and prefers to let his work do the talking. Admittedly this doesn't bode so well for marketing the stock, but again, he's of the opinion that the company will release news only when it is 'newsworthy'. The approvals (the final one of the six needed for Coolgardie to kick-off) are the hold-up. Everything else is at the ready.
Should we fail to get into some cash next quarter, things could get ugly, in my opinion. The company's entire strategy has been about using the last raise (around $8.5mil oversubscribed at $0.07 from memory) to get into production and cash. The delays threaten this, even if burn is at a minimum.
Hell, this is still technically an exploration spec, it's ricky business. Hold 'em or fold 'em. Picked up a few more at $0.036 the other week. Now just trying to ignore all the crypto buzz from mates who took their Pilbara pennies and went hard.
A wild ol' world, and a very interesting mixed market scape.
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Last
8.4¢ |
Change
-0.005(5.62%) |
Mkt cap ! $10.09M |
Open | High | Low | Value | Volume |
8.7¢ | 8.8¢ | 8.4¢ | $41.07K | 481.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5056 | 8.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.7¢ | 131766 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 66000 | 0.075 |
1 | 10000 | 0.071 |
1 | 50000 | 0.070 |
1 | 200000 | 0.065 |
1 | 67231 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.081 | 20103 | 1 |
0.082 | 25517 | 2 |
0.110 | 991 | 1 |
0.120 | 80000 | 1 |
0.150 | 12000 | 1 |
Last trade - 15.52pm 07/11/2024 (20 minute delay) ? |
PGO (ASX) Chart |