Drill results mean nothing when your company is worth 35 mil and you have 300k of assets. Then you mention a grant for 400k. What's next? I think everyone can guess. Took a punt on this just from a TA side of things but recent price movement against silver is a bearish warning sign imo. Will sell at least half my position today and rotate to something that is outperforming. The only catalysts I see are POS and decent results but that means nothing without money. Have I missed something here? What is your thesis for this being at an "absurd valuation"?
Ann: 7,500m Drill Plan Finalised with Drilling Imminent, page-12
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57.0¢ |
Change
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Mkt cap ! $39.71M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 58.5¢ | 56.0¢ | $351.6K | 614.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23596 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 36553 | 4 |
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