Yes if you want the full return J_Clark.
Current trading is showing accumulation at 13.5/14.5c and with valuations on the high side of 30c its well worth the wait to see just what sort of finance/off-take deal they get.If its minimal equity the higher the sp will go.Just how far it goes pre-production will depend on how keen the instos are for it and also how well the price of zinc does in the coming months.
Companies with good copper projects that are financed are now valued well in excess of what they normally would be pre-production because sentiment towards Cu stocks is so strong.Theres no reason Aim wont be the same once finance is sorted as long as the off-taker comes to the party with some finance to minimise dilution imo.
d.
down in london, page-3
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Last
43.5¢ |
Change
-0.015(3.33%) |
Mkt cap ! $90.83M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 46.0¢ | 43.0¢ | $65.19K | 144.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 999 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 76399 | 2 |
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| AIM (ASX) Chart |