Open to the north and east with current meaningful hits over approx 1.5kmx 0.85km and widths of upto 17mtr. Rough back of the envelope calcs at 50% discount = 26,000 tonnes of contained metal @0.85% cut off.
Thats $500 mill AUD in ground value. @5% in ground value = $50 mill divided by 71 mill shares = 70c a share. Halve that again for risk = 35c a share with minimal risk.
Happy to be corrected if my maths is wildly off
Open to the north and east with current meaningful hits over...
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Last
27.0¢ |
Change
0.010(3.85%) |
Mkt cap ! $14.60M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 27.0¢ | 26.0¢ | $51.75K | 197.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9350 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 3571 | 1 |
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| Last trade - 15.59pm 21/05/2024 (20 minute delay) ? |
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Last
27.0¢ |
Change
0.010 ( 3.53 %) |
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| Open | High | Low | Volume | ||
| 26.0¢ | 27.0¢ | 26.0¢ | 48007 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| TG6 (ASX) Chart |