you can view this stock as a trader or as an investor. i do both. but for trading, right now, there are numerous homegrown resource juniors to trade so why would you bother with a low-volume 'foreigner'?
so, currently my position is as a substantial investor.
i'd wait for the release of the quarterly within a week as well as the anuual report and then reconsider.
personally, because this operation is scaling up from 10,000 ounces per annum to 40,000 during the December quarter, it is NOW that it should begin to emerge from 'under the radar'.
all this time there's talk that bullion is going to do a moonshot.
then there's the uranium. have you seen china's plans with nuclear power production?
finally, why would bluebay buy a fifth of the company - to trade it all over to DRD? i doubt it. it's a strategic holding with a 5 to 10-year view, for sure. it's purpose is to leverage off gold and uranium.
there's a lot of chinese interest in africa as well. it won't go unnoticed to the chinese that this stock is vastly undervalued
plus the 28% holding in WWI which will start production in Q4.
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Last
1.5¢ |
Change
0.001(3.57%) |
Mkt cap ! $19.18M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.4¢ | $26.80K | 1.905M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 2574114 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 166666 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 2574114 | 0.014 |
9 | 3790000 | 0.013 |
7 | 5670000 | 0.012 |
8 | 7915021 | 0.011 |
5 | 3580000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 166666 | 2 |
0.016 | 2542054 | 2 |
0.017 | 58823 | 1 |
0.018 | 350000 | 1 |
0.019 | 550401 | 4 |
Last trade - 15.15pm 19/08/2024 (20 minute delay) ? |
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