If they execute the 20k tonnes per annum as expected, that could fund the capex for Nanadie operations so I see potential for adding 10k tonnes production annually, all funded from profit. Imagine 40k Tonnes production at $5 a lb in 3 years, they'd be making about 400M a year. If so, the Market Cap (with 20 years mine life) could make it to several Billion. Time will tell.
If they execute the 20k tonnes per annum as expected, that could...
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Last
3.8¢ |
Change
-0.003(7.32%) |
Mkt cap ! $57.93M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.1¢ | 3.5¢ | $321.2K | 8.512M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 436747 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 128571 | 2 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
3.8¢ |
Change
-0.003 ( 7.32 %) |
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| Open | High | Low | Volume | ||
| 4.0¢ | 4.0¢ | 3.5¢ | 5245002 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| CYM (ASX) Chart |