Those grades are pretty stunning numbers and the market cap rise today only $4m to $9m.
If cash was not a problem, I think I'd like to own the company for $9m so I suspect 4.8c close is still cheap.
It's logical that unexplored PNG still has some mighty discoveries to be made although the lawlessness is a worry.
Let's hope FNT mgt. can get a big Chinese or other brother to banK roll them and we'll see double figures minimum I suspect.
market cap $9m - i'd buy it
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.330M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $1.463K | 444.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 16782025 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 19878884 | 23 |
View Market Depth
| Last trade - 13.22pm 08/10/2024 (20 minute delay) ? |
| LNR (ASX) Chart |