Ive been a holder of this stock for a long time and now obviously questioning that decision. I liked the story at the time and put them in the bottom drawer only to find that the mice had almost eaten it.
Just doing some late night numbers as you do to try to get a guage on the value of this new jorc resource. Back of the envelope stuff but took the current value of the JORC and see what 10% of this gives me.
35750 tonnes of Zinc at $2389 Usd/T = $85.4m
27500 tonnes of Lead at $2333 Usd/T = $64.2m
4950 tonnes of copper at $7873 USD/T = $38.9m
44000 Oz of gold = $50.8m
2112000 Oz of silver = $38.3m
Total $277m
10% = $27.7
No of shares = 105.8m
Per share = 26c
Just wanted to put it out there, is the logic totally flawed, have I put the decimal in the wrong spot. On this basis might hang on a while longer and see what happens.
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $64.73M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100000 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 200000 | 2 |
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| Last trade - 16.21pm 15/09/2025 (20 minute delay) ? |
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