I was disappointed by the terms of their recent $3.6M placement. I think they should have shopped around a bit more. A "33.5% discount to the 15-day" VWAP is subpar. Regardless, I am hopeful this one could be at least a five bagger in the next one to three years if their drilling program is a success and the tin spot price remains above $30k USD. My understanding is Heemskirk is the highest grade greenfield tin project. I do wonder though if there are more Bissie (Alphamin Resources) grade (Sn% > 4%) deposits waiting to be discovered.
wow wow wow wow wow wow wow wow, page-6
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $33.27M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.5¢ | $5.073K | 313.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2730365 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 524827 | 1 |
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| SRZ (ASX) Chart |