There seems to be accumulation happening above 35c. The drilling is due to start shortly and there is both underground and surface drilling. The surface drilling will add value through identifying new prospects and the underground drilling will add oz to the total.
Ore stockpiling continues. The fact that Bill Phillips got Medusa of the ground should help the development of this mine. Just look how Medusa is adding ounces. I like the fact that Bill Phillips has seen how Medusa has developed and can use the same template.
If you want to see how to destroy shareholder value for Gold Mines just look at Allied Gold. They always discounted the company by too many capital raisings. The share price has gone nowhere after four years despite record gold prices.
The tighter you keep your share structure the better off you are. Financial mangement is just as important as resource and production. Good resources have been destroyed by over issuing of shares.
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Last
3.7¢ |
Change
-0.001(2.63%) |
Mkt cap ! $26.37M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.3¢ | $61.81K | 1.793M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1000000 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 64998 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 172188 | 0.050 |
2 | 577777 | 0.045 |
1 | 50000 | 0.044 |
1 | 100000 | 0.041 |
1 | 625000 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 58535 | 1 |
0.052 | 55000 | 1 |
0.054 | 305000 | 2 |
0.055 | 220000 | 2 |
0.058 | 85800 | 1 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
KRM (ASX) Chart |