its because the resource isn't in reserves, only indicated material. They also have a lot of shares on issue so you would need something fairly substantial to increase the price. if they drilled the indicated amount 18.6 g/t Au for 247,000 oz Au. They may only get a certain amount of that into probable. Still a lot of drilling to be done and 25% of the material is still in inferred.
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- Ann: Maiden Mineral Resource Estimate for Penny West
Ann: Maiden Mineral Resource Estimate for Penny West, page-32
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Last
0.8¢ |
Change
0.001(7.14%) |
Mkt cap ! $30.27M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $6.523K | 925.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 13051751 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.8¢ | 6957430 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 13051751 | 0.007 |
10 | 10443333 | 0.006 |
4 | 3800166 | 0.005 |
2 | 4400000 | 0.004 |
2 | 2266666 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 6957430 | 26 |
0.009 | 3236111 | 11 |
0.010 | 2934860 | 9 |
0.011 | 3768514 | 3 |
0.012 | 3464718 | 5 |
Last trade - 13.39pm 13/06/2024 (20 minute delay) ? |
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Last
0.8¢ |
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Change
0.001 ( 7.14 %) |
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Open | High | Low | Volume | ||
0.8¢ | 0.8¢ | 0.8¢ | 16250 | ||
Last updated 10.34am 13/06/2024 ? |
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