According to their last Quarterly a substantial amount of drilling was completed in December and drilling resumed in January. A lot of work ( and time) has gone into modelling the deposit prior to this yet we wait for morsels of drill results to come through. How long can it take to actually give an update with even a few drill results?? Thoroughness is one thing, communication to Mr Market is quite another matter. The response to their capital raising from shareholders was not that overwhelming and in part I believe this is because actual results from the field are so few and far between, meaning that the market just "forgets" abut the stock and its share price languishes as a result
As stated before, technically competent but not in my opinion Mr Market astute. Compare this with other companies that seem to regularly report and update as drilling progresses
C'mon - some results from the December drilling at least would be nice. A few breadcrumbs for the patient shareholders!!!
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7.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.80M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 27320 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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7.5¢ | 44859 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 50987 | 0.011 |
3 | 1066859 | 0.010 |
1 | 85000 | 0.006 |
1 | 2000000 | 0.005 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.020 | 40900 | 1 |
0.025 | 281493 | 1 |
0.029 | 344830 | 1 |
0.039 | 256420 | 1 |
0.048 | 208340 | 1 |
Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
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