I assume that was some kind of poorly delivered joke? Sounds like you're quite ignorant to the global gold market if you're being serious.
My worry with a market cap this low (~170m) is the potential for a low value take-over.
4.7Moz gold at only 2% of their land would be quite appealing to a nearby neighbour.
Don't forget Coffee was acquired in 2016 (during a gold bear market) for C$520 million. Estelle has given every indication it will surpass Coffee in total ounces of gold and be more economical.
General Chat, page-2261
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Last
15.5¢ |
Change
0.010(6.90%) |
Mkt cap ! $42.15M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.0¢ | 14.5¢ | $107.5K | 703.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 97305 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 161967 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| NVA (ASX) Chart |