I only hold 2 stocks, a gold and multi mineral brine stock.
I do not see this project ever being mined if the trend continues with a high percentage of poor quality Kaolinite.
The percentage of Halloysite would have to average 30% just to be maybe economical, and even then still maybe never mined.
All this companies projects are marginal at best, market cap should be closer between 5 and 10 million as a spec play in my opinion.
I do think there is still potential at Gibraltar, but the risk needs to be weighed up, and anything over 1.5 cents is very high risk and over 1 cent moderate risk in my opinion.
If I'm interested in taking a punt, the risk needs to be moderate to low risk based on previous market cap to current market cap, unless a project shows a very promising proposition.
Good luck all.
- Forums
- ASX - By Stock
- OAR
- Ann: High Grade Halloysite with Kaolinite Confirmed at Gibraltar
Ann: High Grade Halloysite with Kaolinite Confirmed at Gibraltar, page-213
-
-
- There are more pages in this discussion • 190 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OAR (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.444M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $1.998K | 999K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
70 | 190000332 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 11147046 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
70 | 190000332 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 11147046 | 7 |
0.003 | 17256458 | 17 |
0.004 | 29811418 | 22 |
0.005 | 9179778 | 14 |
0.006 | 6814254 | 8 |
Last trade - 11.22am 22/07/2024 (20 minute delay) ? |
Featured News
OAR (ASX) Chart |