K273,
Interesting article. The key take-out is that companies need to be able to handle the downturn in rates and manage fixed/operating costs. For GGE - we seem to be in a good position with Admin and Production costs being below revenue costs (ie. +cashflow). More recently - we have seen an increase in exploration costs, presumably as a result of the costs associated with 3D geo-analysis. Either way - your article is a reminder of the risks associated with investing.
Leba
September Qtrly, page-8
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $9.380M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $300 | 119.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 28928674 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 6066692 | 4 |
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| Last trade - 10.36am 28/11/2024 (20 minute delay) ? |
| GGE (ASX) Chart |
