Yeah 3s if lucky. With no project and only a cash burn to look forward to, it’ll trade at less than cash backing so I suspect it could drop to sub-$9m or 1.2c.
Unbelievable that what was once believed to be a viable and world class project could end like this. The break even was $40k/t and few could have expected the cobalt bubble to pop so furiously so there’s no one really to blame. Damned if you do; damned if you don’t.
Ann: Opuwo Project Update and Board Changes, page-7
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.13M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $18.25K | 1.825M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2273969 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 3960018 | 6 |
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| Last trade - 12.00pm 21/11/2024 (20 minute delay) ? |
| CLA (ASX) Chart |
