Lotz .... in terms of the market you will always learn ... nobody knows ..... I have been playing the market for the last 12 years (and I am none the wiser).
However I do believe that if the current downtrend was not in force, this stock would have been trading now at about 19-24 cents, based on the recent announcements. In terms of commence mining ... NKL is not in that position as they are still in exploration phase.
Mining is still a distance away and will depend on viability as with all exploration companies. The drop in Gold price to date does change things, however the beauty of Mexico is that labour costs are very cheap as compared to Australia.
Lotz .... in terms of the market you will always learn ......
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Last
2.9¢ |
Change
0.001(3.57%) |
Mkt cap ! $5.446M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 3.1¢ | 2.8¢ | $40.76K | 1.410M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 132500 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 181283 | 1 |
| Last trade - 16.10pm 19/09/2024 (20 minute delay) ? |
| NKL (ASX) Chart |
Day chart unavailable
