Well, maybe do a calculation on a 6moz plus gold deposit at current near $2500usd gold prices (which will both be much higher before we are mining Imo) and you will find that a $500m market cap does not even come close. Add in that we are in a region with less red and green tape, lower inflationary impacts and geopolitically improving with the rise of BRICS. Particularly China and Russia's influence in Africa (who are both incredibly bullish on gold buying) compared to our lame western governments who love to ignore gold for obvious reasons.
With the PFS imminent, exploitation lease and possible buffer zone solution a few months away, we are right now set up beautifully IMO. This is one of the favourite stocks in my portfolio for obvious reasons. I bought in around 5c and have not sold a cent since, this is going to be a monster, so excuse my confidence lol!
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Last
23.0¢ |
Change
-0.035(13.2%) |
Mkt cap ! $540.7M |
Open | High | Low | Value | Volume |
26.0¢ | 26.5¢ | 22.0¢ | $4.978M | 20.71M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 595637 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 546259 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 62271 | 0.225 |
2 | 205000 | 0.220 |
3 | 111011 | 0.215 |
5 | 324024 | 0.210 |
1 | 2487 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 546259 | 3 |
0.240 | 291000 | 3 |
0.245 | 200000 | 1 |
0.250 | 7701 | 2 |
0.255 | 50000 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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