If POS can succeed in its aim of the mine site status change at Windarra via State Govt. legislation, that appears to have an immediate $3.5m cash benefit... A good start.
.... Has anyone got a commercial understanding of the value of the tailings to POS after allowing for cost of realization? ... And what time frame it might be ("typically") to convert those tailings into cash? ... assuming current $A gold prices ... circa $1,750...
Many thanks for any input ...
Kip
Windarra Gold Tailings
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Last
7.6¢ |
Change
0.001(1.33%) |
Mkt cap ! $213.5M | |||
| Open | High | Low | Value | Volume |
| 7.5¢ | 7.6¢ | 7.4¢ | $159.5K | 2.126M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1634754 | 7.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.6¢ | 696208 | 2 |
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| Last trade - 16.10pm 03/03/2021 (20 minute delay) ? |
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Last
7.6¢ |
Change
0.001 ( 2.70 %) |
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| Open | High | Low | Volume | ||
| 7.5¢ | 7.6¢ | 7.4¢ | 287959 | ||
| Last updated 15.35pm 03/03/2021 (live) ? | |||||
| POS (ASX) Chart |