Indeed. I have noticed the cappers at 28.5cps and 29cps...it really does not matter and when more investors start doing their due diligences, the valuations will become more apparent.
Also an important thing to point out is that my valuations had factored in the CAPEX and OPEX and Tax and royalty rates...should be easily 45cps - 65cps. With their latest results, i will have to wait for the resource upgrade to do my calculations. I have also written another email to management to confirm on the royalty treatments in the Yukon and will inform fellow shareholders accordingly.
I have no problems putting my funds in this play.
buyers building, page-12
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.08M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $17.87K | 1.625M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4415208 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1431318 | 5 |
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| Last trade - 10.06am 18/07/2024 (20 minute delay) ? |
| RNX (ASX) Chart |