very strong in first half hour. This has to push higher! The Market cap of ~$20m is ridiculously undervalued and it can easily be $50m. They have a 9mt 64% FE resource with no major CAPEX for production. The licence is on a granted ML and has been mined before. A$50+ margin is my estimate with current iron ore price. They only need to produce 1Mt and that is $50 million.
do your own maths,, but this is a no brainer for me!
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Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $198.1M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.5¢ | 7000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 412541 | 0.270 |
15 | 1144526 | 0.265 |
14 | 680858 | 0.260 |
6 | 267825 | 0.255 |
28 | 455235 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 69610 | 1 |
0.280 | 178396 | 12 |
0.285 | 231176 | 11 |
0.290 | 323555 | 10 |
0.295 | 166491 | 6 |
Last trade - 09.47am 17/10/2024 (20 minute delay) ? |
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