Drill results mean nothing when your company is worth 35 mil and you have 300k of assets. Then you mention a grant for 400k. What's next? I think everyone can guess. Took a punt on this just from a TA side of things but recent price movement against silver is a bearish warning sign imo. Will sell at least half my position today and rotate to something that is outperforming. The only catalysts I see are POS and decent results but that means nothing without money. Have I missed something here? What is your thesis for this being at an "absurd valuation"?
Ann: 7,500m Drill Plan Finalised with Drilling Imminent, page-12
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Last
87.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $73.88M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 90.0¢ | 86.0¢ | $361.0K | 410.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7424 | 87.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 4314 | 1 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| SS1 (ASX) Chart |