I think they stated production at around $1100 an ounce...so call it a $300 profit margin...and they would clear close to $10 mill profit....the challenge as I see it is to keep production costs below $1100....which might be tricky for a company that currently spends $250k a quarter on admin...but lets hope they can do it! Then they might be able to spend some money on exploration at Dundas...cmon guys...its been a tough 3 years...
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.914M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $3.824K | 294.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 767657 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1591846 | 3 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| THR (ASX) Chart |
