We currently have a feasibility study completed for a 100,000oz per year mine with $332 per oz cash costs, 700,000 oz reserve. It's good, but not great. That's already got people having a look this way, from observation however we need to find another deposit and crack 1 million oz reserve before things will get exciting.
1 million oz is the magic number and multiple deposits desirable. With the money they are raising and with the partnership with Newmont if they can find a few more deposits this one will go. Put it aside for now and give it 6 months we should see some action by then.
We currently have a feasibility study completed for a 100,000oz...
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Last
$1.37 |
Change
0.025(1.87%) |
Mkt cap ! $571.8M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.37 | $1.31 | $2.349M | 1.749M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6763 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 1808 | 2 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
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