The current market cap is around 16m.
Should finance be achieved the share price should hover around 8c or more.
8c = 33m market cap
Considering the finance package will be worth 42m++ this seems to be a reasonable short-term target. Options are only in the money above 8c and people are paying 0.5c for them which suggests they believe the share price to go beyond 8.5c.
Personally, i think a fully financed goldie with margins sufficient to withstand gold price swings will attract a lot of investors and north of 15c is certainly possible. I patiently wait for the day with 30-50% increases.
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- market cap will easily double upon finance
market cap will easily double upon finance
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Last
26.0¢ |
Change
0.008(2.97%) |
Mkt cap ! $195.0M |
Open | High | Low | Value | Volume |
25.0¢ | 27.0¢ | 25.0¢ | $741.4K | 2.859M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 85129 | 25.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.0¢ | 31439 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 85129 | 0.255 |
7 | 184488 | 0.250 |
5 | 139750 | 0.245 |
3 | 63755 | 0.240 |
2 | 50000 | 0.235 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 20959 | 2 |
0.265 | 60886 | 3 |
0.270 | 162500 | 3 |
0.275 | 50000 | 1 |
0.280 | 47000 | 2 |
Last trade - 13.25pm 15/08/2024 (20 minute delay) ? |
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