Put very simply.
In my opinion any prospective miner that does not rise substantially in market capitalisation as a positive BFS becomes due faces huge difficulties in getting the project off the ground.
It also indicates the market's assessment of the project's worth.
AIM's market capitalisation has done nothing. Very disappointing. You would have expected it to have risen significantly by now.
** huge capital raising?, page-2
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Last
34.0¢ |
Change
0.005(1.49%) |
Mkt cap ! $70.99M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 35.0¢ | 33.5¢ | $187.0K | 543.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14925 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 7747 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AIM (ASX) Chart |