If that's what you think, I don't think you know how to value this company. Just looking at your own figures here, it is safe to assume that it would take over 100 years to exhaust our reserves if we didn't expand production, so that output level is obviously ridiculously low and not relevant for a valuation. Not to mention the fact that we literally have the drilling to further explore our resource size happening right now.
If you expect no further development at all or you think it makes sense not to add any value to the market cap/share price until something actually happens, that's fine, but it's silly. Having said that, enough people often are silly for projects to remain undervalued for long enough for astute buyers to get in quickly. When people say things like 'it'll be $2+ for sure, but not for 2-3 years', I'm happy to buy in now for under 20% of that figure. Easy money is fine by me.
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Last
3.7¢ |
Change
-0.001(2.63%) |
Mkt cap ! $53.86M |
Open | High | Low | Value | Volume |
3.8¢ | 3.9¢ | 3.7¢ | $114.4K | 3.011M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 2414158 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 13152 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 2414158 | 0.037 |
28 | 3007392 | 0.036 |
31 | 2831726 | 0.035 |
9 | 1320292 | 0.034 |
8 | 1345000 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 13152 | 1 |
0.039 | 804481 | 2 |
0.040 | 748729 | 3 |
0.041 | 1060602 | 8 |
0.042 | 1983780 | 8 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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