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2.08%

23.5¢ maronan metals limited

Ann: Strong Maronan Resource Review and Maiden Indicated Resource, page-61

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Verily1

13,410 Posts.

2518

15/04/24

11:16

Post #: 73346499
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Originally posted by Verily1: ↑

Here is a different way of looking at the same information. Based on share prices just now.

If you invest $1,000 in each company today, how many Ag ounces do you get access to in the ground? How many Ag Eq ounces do you get access to in the ground? Ag Eq is all mineable metals expressed in Ag ounces.

Granted all companies have different features and benefits, and you should DYOR on all features and benefits of each company and their projects. But as a starting point it is good to consider the relative prices you pay compared to some commonality in value measure. This is one such measure.

Entry price is important in determining return multiples. Buy where the market in mispricing the asset. That is what the market is doing now with MMA and BML (also HYMC in the USA which is offered as a comparable).

Right now what I would say is that, the silver sector is so undervalued (gold too) that while pricing is important, what is more important is that your portfolio has a decent allocation to this sector.Most people do not, most have a pitiful allocation and they will suffer the consequences for this. Each of these companies should do well. A rising tide floats all boats.

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MMA Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 23.5¢		Change -0.005(2.08%)		Mkt cap ! $47.29M

Open	High	Low	Value	Volume
24.0¢	24.0¢	23.5¢	$14.14K	59.58K

Buyers (Bids)

No.	Vol.	Price($)
1	22472	23.5¢

Sellers (Offers)

Price($)	Vol.	No.
24.5¢	3800	1

View Market Depth

No.	Vol.	Price($)
1	22472	0.235
6	82960	0.230
2	102300	0.225
4	28932	0.220
1	100000	0.210

Price($)	Vol.	No.
0.245	3800	1
0.250	40000	1
0.255	42498	1
0.260	3033	1
0.265	4880	1

Last trade - 15.46pm 26/06/2024 (20 minute delay)

MMA (ASX) Chart