This from @Corgi on the NST thread after NST bought STK"s Millrose 346,000 ounce deposit (6MT @ 1.8 g/t) for $61 million:
Assuming a company has a prospective target, with a reasonable discovery cost of $25/oz. to make a 1moz discovery a company would need to spend $25mil.Close to 1.8 million ounces - GBZ.
Not understanding this market cap - even with the con notes.
Above is not financial advice and my opinion only.
Ann: Structural Interpretation Resolves Controls at Twin Hills, page-27
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.096M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $34.65K | 4.950M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1627000 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2794078 | 4 |
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