The current NTA = $0.08 p/s, meaning IMO that the current SP of $0.031 is a bargain buy.
They are producing and generating small scale profit, so they can keep going for quite some time.
Everything hinges on them finding a partner, and if/when this happens we will be many multiples of where we stand today.
Management has delivered before (Aurora) and are looking to repeat something similar.
My perspective is that this is a medium risk and very high potential reward investment.
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.49M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $24.55K | 2.231M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 374549 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1466510 | 4 |
View Market Depth
| Last trade - 15.20pm 31/07/2025 (20 minute delay) ? |
| ATS (ASX) Chart |