The math is simple:
At $1.3 we need 80-100m hits to excite market. At 60c we only need 30-40m. Of course there's always the chance that we find nothing exciting at Jaguar but even in that case the worst is 40c then we move on to other tenements. With the team we have and LRS connection there's 0 chance we go to lower than $30m Mcap. So it's a good bet from here.
Ann: Coarse spodumene intersected at Jaguar, page-105
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12.5¢ |
Change
0.028(28.9%) |
Mkt cap ! $9.672M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 13.0¢ | 10.5¢ | $99.66K | 819.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 46809 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 4039 | 1 |
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