It's fair for anyone to be reserved about the risks with the company operating in Mali but at a market cap of c.$29m I see minimal risk in investing an amount that someone can afford to lose to hold for approx. two months, by which time the drill program will be well underway and the scale of the pegs will be known.
Upon success, SP will be well over $100m. Someone investing now can sell and free carry profits if so desired but still gets exposure to the upside if the Company is able to navigate the risks associated with Mali.
Just seems a no brainer at these levels. I do feel sorry for anyone stuck in LLL or AVZ but there was a long time where a lot of money could be made and take out profits.
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $9.160M |
Open | High | Low | Value | Volume |
11.5¢ | 11.5¢ | 11.0¢ | $24.31K | 211.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 65499 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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12.0¢ | 47158 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 65499 | 0.110 |
2 | 70000 | 0.100 |
1 | 46000 | 0.098 |
1 | 80000 | 0.080 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 47158 | 1 |
0.130 | 160554 | 2 |
0.140 | 42856 | 1 |
0.145 | 50000 | 1 |
0.155 | 68628 | 1 |
Last trade - 12.08pm 05/08/2024 (20 minute delay) ? |
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