$0.10/share would give a market cap. of just under $150MM.
If there are substantial reserves, easily mined and processed, the company value will be partly determined by the value of the reserves and partly by their ability to profitably extract it in a given timeframe. If the Au figures are high, and if gold prices continue to rise, then the potential could be very much higher than $0.10/share.
Ann: Massive Sulphides Confirmed in Upper EM Plate at Chianti VMS, page-39
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Last
2.7¢ |
Change
0.006(28.6%) |
Mkt cap ! $94.85M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.7¢ | 2.1¢ | $578.6K | 23.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3235392 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 1120917 | 5 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| DRE (ASX) Chart |