Interesting that the market sees this as a neutral announcement when the recoverability has increased and provides more value to the existing tenement.
That or someone is just keen on selling and getting money to cover things in their personal life.
I think this announcement would be seen quite favourably if they explained that previously the extraction was expected at X % and that now with more information it has increased to Y %.
Interesting that the market sees this as a neutral announcement...
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Last
2.2¢ |
Change
-0.003(12.0%) |
Mkt cap ! $4.393M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.2¢ | $23.29K | 1.015M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150000 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 882495 | 1 |
View Market Depth
| Last trade - 15.57pm 11/06/2024 (20 minute delay) ? |
| GRL (ASX) Chart |