I challenge anyone to find a better stock on the ASX.
Was chatting with a mate of mine who works at a brokerage, of the 50m ounce resource, it's approximately 15% Platinum (now approx $1329 per ounce), 25% Palladium ($385 per ounce), and 65% gold ($692 per ounce).
Worked out an in ground value of $37,270,000,000 using spot prices at the moment. Divide that by 31m shares and it's US$1200 per share in the ground.
Even giving 50% away to pay to dig the stuff out, I'm quite happy to pay A$1 per share to buy US$600 worth of dirt!
Not to mention all the other projects. This puppy will be huge.
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.84M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.8¢ | $27.86K | 1.519M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5036 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 1000000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5036 | 0.019 |
4 | 1083690 | 0.018 |
4 | 305876 | 0.017 |
1 | 40233 | 0.016 |
1 | 66665 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 1000000 | 1 |
0.023 | 300000 | 1 |
0.024 | 857222 | 4 |
0.025 | 85162 | 2 |
0.026 | 265913 | 1 |
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