A stock in this part of journey will never be at its valuation. It will not even go close to 10c. whilst they still need to go to DFS more drilling - and further finance it won't get there. only a takeover may take it up there.
I am nearly thinking a spin off of the gold asset maybe their best solution but once again whilst they have those big tickets to fill it will always trade at a large discount
Capital Raising, page-2
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Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.91M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.3¢ | $38.79K | 1.142M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1924870 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 631452 | 2 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| AUC (ASX) Chart |