With some good news, easy to see this market cap double or tripple during the course of the year as it has been severely beaten up.
Triggers I reckon that could provide some upward impetus near-term are:
- Mt Cecelia being granted as native title issues must be coming to a close after 15 odd months OR, even better, Rio makes a pitch for it as they have ground surrounding it.
- Uplift in gold processed last quarter in SA and improvement in cashflow
- Confirmation permits get issues which ups cashflow towards the end of the first quarter onwards
- Mining right by mid-year will be the cream and cherry on top to get re-rating underway
Fundamentals, page-10
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Last
1.2¢ |
Change
-0.002(14.3%) |
Mkt cap ! $40.66M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.2¢ | $27.33K | 2.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 4737266 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 674741 | 2 |
View Market Depth
| Last trade - 15.43pm 15/11/2024 (20 minute delay) ? |
| WWI (ASX) Chart |
