CTN 0.00% 0.3¢ catalina resources ltd

iron ore and gold specky here, page-25

  1. 3,367 Posts.
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    SHH

    After seeing the move MCT had from 0.2c to 4.5c on their drilling I thought SHH would have been over 1c by now

    The market has not done their homework. A few posters here have already summed it up.

    $3M market cap, $900K cash. EV $2.1M

    They have a DSO IO project that is ready to recommence at short notice. IO at $101/tonne

    https://hotcopper.com.au/data/attachments/2264/2264002-ec42fdc9f25017e34c7e0e0a1d09752e.jpg

    The immediate value lies in their proximity to MCT. They have all the surrounding grounds.

    https://hotcopper.com.au/data/attachments/2264/2264015-1db05cdd6e235cb3cf631719e070a659.jpg

    1c is a $6M market cap.
 
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