Not really, I didn't mean it that way.
More to my point was potentially how under valued ABU is. IGO have been absolutely smashed over the last few months, for a large company with substantial established earnings.
So was probably always on the cards that IGO would re rate. If ABU can show a reasonable profit, and more importantly show an increased head grade with the Sept Q then that would put a rocket under their SP. ABU have much more upside than a lot of other stocks, nothing much has been priced into the SP, yet.
Although not sure how much the head grade could increase, given it was only around 10 days of production extra to the ann released Sept 21. The big ? for ABU is meeting the highly anticipated head grade of approx 14g/t and how much gold is actually being locked up (could be less than what they're thinking? In which case head grade lower than hoped). But if they can show something near 11-14g/t, it would validate management and give confidence and a whole new wave of buying, imo
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Last
0.3¢ |
Change
-0.001(16.7%) |
Mkt cap ! $5.294M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $720 | 340.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 7439364 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 14175152 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 7439364 | 0.002 |
9 | 97550498 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 14175152 | 17 |
0.004 | 3380859 | 6 |
0.005 | 889000 | 1 |
0.006 | 166666 | 1 |
0.016 | 4926376 | 1 |
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