I think this is a very positive development. 50,000 ozs of gold has a gross value of $65 million so depending on the costs involved should nett some 10's of million dollars profit. Plus the team will gain experience in the various problems of the main game and that is actual mining and making money. Once started other small pockets of gold will be easily added to the enterprise.
Not company makers but certainly a pathway that can be the start of making a company. Addition of skills and experience that can only be good and hopefully profitable at the same time.
Saltbus
PS. Hoping for bigger things but good to see profitable action happening.
- Forums
- ASX - By Stock
- 50k oz
I think this is a very positive development. 50,000 ozs of gold...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ALY (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.068M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.6¢ | $67.24K | 11.15M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 6775912 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1356659 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 204000 | 0.013 |
6 | 1534407 | 0.012 |
3 | 1018000 | 0.011 |
4 | 1300000 | 0.010 |
1 | 100000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 431766 | 2 |
0.015 | 328000 | 2 |
0.016 | 492086 | 4 |
0.017 | 401126 | 3 |
0.019 | 196092 | 2 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
ALY (ASX) Chart |