The junior I'm invested in were absolutely backed into a corner at the time with almost no funding source, SOI is perhaps just a little less than ICG. But they managed to find funding in the end and built a mine in record time. Now the company is debt free and with about $26mil cash in the bank.
ICG's resource is near surface. I don't see why they can't build a similar open pit mine at similar costs.
But like learning to ride a bike ... those who think they're gonna crash into something and kept looking for things to crash into will almost inevitably crash into those things they think they'll crash into. I'm glad management don't think like you do, and I'm glad there are other holders who don't think like you do.
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The junior I'm invested in were absolutely backed into a corner...
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Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $4.066M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $6.901K | 1.234M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 2371494 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 2230843 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1670552 | 0.005 |
10 | 10230544 | 0.004 |
9 | 3776780 | 0.003 |
3 | 3199980 | 0.002 |
3 | 4799950 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 1541940 | 4 |
0.007 | 1198850 | 3 |
0.008 | 2450320 | 5 |
0.009 | 1033282 | 3 |
0.010 | 1000000 | 2 |
Last trade - 14.40pm 08/11/2024 (20 minute delay) ? |
ICG (ASX) Chart |