Brad75, Rex Harbour and Associates also bought into Mintails MLI, as well as Medusa MML, both over 10%. So is obviously that he wants exposure to gold. If he / they moved out of Sterling back in 2009, that was also a very smart move.
Mintails seems an interesting operation based in SA, taking gold out of tailings, focusing on gold only now, rather than Uranium. Market Cap only $34m. Resource 3.086 million ounces, moving towards Indicated / Measured by the middle of the year. Cash burn of about $1.2m a quarter with current cash of $2.6m, with a second part of the operation (Mogale Gold 2) coming on line shortly. Some issues with finding / using water, etc, but they seem close to resolving. Might be a good investment.
Interestingly reclaiming gold from tailings similar to the Sardinian project for KRM.
Brad75, Rex Harbour and Associates also bought into Mintails...
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Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $26.37M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.3¢ | $6.507K | 193.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 320000 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 151333 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| KRM (ASX) Chart |
