I saw the SOLG video linked above three times , starting from 8.00 minutes it is relevant
Brent has left it unsaid as usual .
34 mt 1.4 Cu Eq , this is a ball park figure with all attendant problems mentioned in the next slide ( infra to be brought in , water removal , remotenss, metallurgy , no of years it is going to take to complete studies etc ..,)
Looks like we need a much higher Cu price to get SOLG going
Ofcourse all these comments may not matter , if a major wants to buy out SOLG outright, as is the news over last one year and only SOLG mgmt has been blocking the offers. So at some point a ridiculously high priced offer may come NM for SOLG , he might take it.
Interesting situation
comments welcome particularly from lame
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.61M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $1.588K | 158.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 185236 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1983333 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 28219 | 0.130 |
3 | 250000 | 0.125 |
3 | 1020491 | 0.120 |
1 | 500000 | 0.115 |
3 | 99220 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 65000 | 1 |
0.140 | 393111 | 1 |
0.145 | 295471 | 3 |
0.150 | 95000 | 2 |
0.160 | 47375 | 3 |
Last trade - 14.51pm 29/11/2024 (20 minute delay) ? |
DGR (ASX) Chart |