Trust that was a typo, mate, although the D and M keys aren't exactly close on the keyboard. Not to worry. No offence taken.
Agree wholeheartedly. Both SVL and RDM are significantly undervalued. No doubt about it, SVL picked up Bowdens for a song. I know the numbers. Great deal. Well done to you.
I must reiterate, though, that in terms of the resource expansion (capability) between the two deposits, there really is no competition. Bowdens has been well and truly defined, whereas the Maronan deposit has so much more scope for resource expansion. Dig further and I am sure you will agree with me.
I am currently doing my DD on SVL and I like what I see, however, I am also a significant holder of RDM stock, and at 1/5 the market cap of SVL, I find myself struggling with the idea of investing capital in SVL when I could simply pour more into RDM - which is even more undervalued than SVL on a deposit vs market cap type comparison. NB: I am a fan of the higher Ag grades at Maronan.
Cheers for your message and hope to keep the discussion going.
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NPV A$109.4 Million as a comparison (of sorts), page-17
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Last
16.0¢ |
Change
0.010(6.67%) |
Mkt cap ! $47.89M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 16.0¢ | $9.324K | 58.27K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 34025 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 222111 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 34025 | 0.150 |
3 | 109827 | 0.145 |
6 | 477173 | 0.140 |
5 | 258730 | 0.135 |
5 | 74853 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 222111 | 4 |
0.165 | 132378 | 4 |
0.170 | 82493 | 4 |
0.175 | 89982 | 3 |
0.180 | 211855 | 5 |
Last trade - 10.42am 13/05/2024 (20 minute delay) ? |
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Last
15.0¢ |
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Change
0.010 ( 0.00 %) |
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Open | High | Low | Volume | ||
15.0¢ | 15.0¢ | 15.0¢ | 10000 | ||
Last updated 15.28pm 13/05/2024 ? |
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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