Well, look at it this way.... whats the downside? Stock has a market cap of about $30M diluted.
Currently has about $20M in Cash and Shares. Exercise of in money options bring in another $4M or so. So, it has assets of $24M.
So, if BIH, Sellheim, Uranium, Iron Ore are all duds.... still worth about 23c a share....
How much upside is factored in? Not bloody much IMHO.
Upside of BIH? The resource is fairly high grade, and 50,000oz is nearly worth $50M dollars....
So, even at a cash cost of $400oz, still leaves an upside of $25M a year profit (about 23c eps).... Could bring in $125M in clear profit.... Mine could also be extended... (width and depth).... Nearby fields to be drilled as well......
I look at upside vs downside.... much more upside than downside...
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Mkt cap ! $14.97M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 167339 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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3.4¢ | 974879 | 3 |
View Market Depth
No. | Vol. | Price($) |
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1 | 993909 | 0.034 |
2 | 72032 | 0.033 |
1 | 495312 | 0.032 |
1 | 183208 | 0.031 |
2 | 62035 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 58074 | 2 |
0.036 | 200000 | 1 |
0.037 | 79268 | 2 |
0.038 | 300441 | 1 |
0.039 | 10135 | 1 |
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