50c is fairly optimistic, thats 480m dollar valuation. Keep in mind we will be farming most of these assets out and the plan is to produce out of CC which is small in the scheme of bigger players.
RMS - Ramelius Resources, producing 50,000 ounces of gold per quarter, valuation $800m
SFR - Sandfire Resources, producing 10,000 ounces of gold per quarter and 18MT of copper for a $950M
I know these are double the Marketcaps of what you are thinking we could get to however, I am just trying to keep it in perspective of the hill wed need to climb before we can get close to 50c.
ARV volume picking up, page-19
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.00M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $4.234K | 352.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1126543 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 450135 | 3 |
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| Last trade - 15.57pm 15/11/2024 (20 minute delay) ? |
| ARV (ASX) Chart |