No one knows , nothing goes up for ever , I am sure at 12 cents none of us imagined it would go to 80 cents in 15 months but NN kept getting deeper with over 1200 OVM .
My guess is we have gone from being valued on blue sky value of NN by speculators , to being valued by mid cap goldies on some blue sky and reasonably sound metrics on how much cash the project can throw out over the next 10 years ( quasi NPV) .
For value, Keep hitting more Peppers and it will keep going up as the mill has the capacity , do not hit more Peppers the blue sky value falls off and so does the share price and endogenously its solely valued on the next 10 years cashflow (probably not discounted) .
Ann: Exceptional new thick, high-grade intercepts, page-170
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Last
$1.28 |
Change
-0.005(0.39%) |
Mkt cap ! $1.411B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.28 | $1.27 | $5.145M | 4.035M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 39096 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 275738 | 6 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| SPR (ASX) Chart |