With each pip drop we are a step closer to cash backing.
Cash backing was circa 5c, but is less now due to the continual investment/spend as we move closer to production and establishment of the downstream processing facility.
Even at the current SP we are paying very little for the resource. Its almost like stopping to pick up money just lying on the ground.
Why wouldn't you pick it up?
I purchased again this week, and will continue to do so with each new low.
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Last
5.7¢ |
Change
-0.005(8.06%) |
Mkt cap ! $144.9M | |||
| Open | High | Low | Value | Volume |
| 6.2¢ | 6.2¢ | 5.7¢ | $217.0K | 3.664M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 354999 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 224145 | 3 |
View Market Depth
| Last trade - 16.10pm 23/04/2025 (20 minute delay) ? |
| RNU (ASX) Chart |