Two things are clear to me: (1) Centennial has a lot of gold; and (2) the gold price is going to remain strong. Starting from a combined $37.5M market cap on completion of the acquisition and capital raise leaves a lot of room for upside in this stock. It can easily be a 10 X bagger when production scales back up to 25K oz/pa at A1 and even more once a resource is defined at Union Hill.
Ann: Material Gold Acquisition, page-79
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15.5¢ |
Change
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Mkt cap ! $31.68M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.0¢ | $36.42K | 232.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24576 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 43000 | 1 |
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