Current market cap is only 35c per pound of copper in the giant pit reserves.
50c of the C1 cost of getting it out has already been spent on the cut back.
The copper price is charging back up. 15c higher than the low two weeks ago. 10c off the september high.
The cash is coming..
The franking credits, the tax losses and the cut back cost will all have value.
Director's sign of confidence, page-20
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5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $108.9M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.6¢ | 5.4¢ | $28.35K | 515.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 908138 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 877086 | 5 |
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| Last trade - 13.33pm 27/11/2024 (20 minute delay) ? |
| HGO (ASX) Chart |
