Its surprising to me that the shareprice drops ~10% on drill results - I don't think people understand the style of deposit this is and that these results need to be looked at through the view of low grade, bulk tonnage where the deposit is in 1 single pit and has a higher density (meaning more gold per m extracted thus making is comparable to high grade deposits), low capex, opex leachable and most importantly a great team. I don't see any issue here and they still have 30000m of drilling and pending results.
Its surprising to me that the shareprice drops ~10% on drill...
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Last
30.0¢ |
Change
-0.040(11.8%) |
Mkt cap ! $116.0M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 29.0¢ | $1.016M | 3.248M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 135645 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 103607 | 1 |
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| Last trade - 16.10pm 23/04/2025 (20 minute delay) ? |
| STN (ASX) Chart |