i have this allocated in my speccy funds too. I like the geography of where it is located and the fact it is unexplored area means it can be a game changer and easy takeover by its bigger neighbours. the small MC and tight holding of shares is another big plus. One think i am trying to figure out is the type of reserve they possibly may have and what equiavalent market cap that would fetch. for instance a look at other gold spec junior explorer companies on the ASX with say a 500,000oz to 1mill oz reserve typically commands a market cap of upwards of $15M-20M.
anyone can help me on this? i guess it isnt until ERIN can JORC it will we know the reserve size.
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Last
30.5¢ |
Change
-0.025(7.58%) |
Mkt cap ! $14.76M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 30.0¢ | $1.48K | 4.929K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 823 | 3 |
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| Last trade - 15.11pm 30/08/2024 (20 minute delay) ? |
| RGT (ASX) Chart |