Let’s also remember, we’re $150M MC right now.
I’ve seen stocks clear $150M MC on an unwarranted pump, with almost zero cash in the bank, no licenses (mining etc) and no resource/partner etc etc.
Despite conjecture on whether or not we’ll get to production, we’re still massively undervalued IMO.
There are not a whole lot more ticks in boxes that need to be made, for this company to become firm on the path toward becoming a multi billion $ company.
Of course there are always risks, we’re still a speculative stock ….. but I’ll maintain some optimism and see what Justyn and the team produce over the next two quarters.
I would think with current global conditions, getting offtakes for the entire 1MTPA and then possibly increasing the production due to demand (IMO), shouldn’t be too difficult.
Have a great weekend all, next week won’t be pretty but I wouldn’t unnecessarily panic.
Cheyne
- Forums
- ASX - By Stock
- NRZ
- Ann: BFS Update
Ann: BFS Update, page-38
-
- There are more pages in this discussion • 21 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 NRZ (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.85M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.4¢ | $6.364K | 1.392M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 16373995 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 16669150 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 16373995 | 0.004 |
67 | 76268406 | 0.003 |
60 | 116068953 | 0.002 |
21 | 158150000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 16669150 | 11 |
0.006 | 4767104 | 6 |
0.007 | 1429689 | 3 |
0.008 | 458400 | 2 |
0.009 | 700000 | 2 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
Featured News
NRZ (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online