yep, nearology play, which people often disparage, for good reason as they can be cynical, opportunistic, and rapidly disastrous, but this has built fantastically so far.
I sadly only heard about CHN's results when they were already at $1 sp. I was desperate to get in but it violated my rules on Market Cap, just too big at that stage. But usually the right way is to go with that primary discoverer. In the end I would have quadrupled my money investing in the main game with CHN at that point, but have 8-folded by going with MAN's nearology. You'd be happy either way.
Allchurch and MAN were very smart(lucky?) in grabbing the sliver of land that contained Newleyine, if you were Julimar-agnostic and looking for PGEs in the region, it is a top-tier target (see Washington Resources old ANNs).
I think that is why it has been a successful nearology play, it's not just any old dirt adjacent to CHN's tenements, it had it's own long history and also the interest of rolled-gold majors like Anglo and BHP. Probably a lesson there somewhere.
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.68M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.5¢ | $35.55K | 1.422M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3258000 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 185371 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3258000 | 0.024 |
4 | 1349739 | 0.023 |
3 | 1504545 | 0.022 |
1 | 23810 | 0.021 |
1 | 300000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 130758 | 2 |
0.027 | 450000 | 2 |
0.028 | 160805 | 1 |
0.029 | 516612 | 6 |
0.030 | 1185331 | 7 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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