If the actual resources in Pardoo are anything close to the inferred amount then that alone should put the market cap of CAD around the 50mil mark making it a 0.8~0.9c share price. This is of course based on a very rough estimate comparing other mining exp companies MC verses their resource values.
Throw in a potential mother load of lithium at CM and RM and gold at Pardoo and who knows where CAD can be.
Thats why i feel that CAD is currently undervalued.
Back to Basics., page-8
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Last
0.2¢ |
Change
0.001(33.3%) |
Mkt cap ! $12.39M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.44K | 720.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 104 | 424263783 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 26546828 | 19 |
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| Last trade - 12.11pm 15/11/2024 (20 minute delay) ? |
| MTL (ASX) Chart |