Do we think MM8 is a tad under-valued at a 20 million market cap?
The cost (at just $15 per ounce exploration spend) to find 1.62 million ounces would be 24 million dollars alone.
Market seems to be underwhelmed by the resource upgrade of 100% since they listed, with much potential to push higher. I cannot work this one out
Ann: RGP Resource increases to 1.62Moz AuEq, page-2
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Last
5.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.53M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 73300 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 22907 | 2 |
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| Last trade - 09.38am 08/08/2024 (20 minute delay) ? |
| MM8 (ASX) Chart |
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