Maybe but I suspect the penny has dropped after the upgrade yesterday. Brokers would be upgrading forecasts to clients. If it is analogous to Bellevue (and I think it is) then you still have 50% upside to time of production in a years time for market cap parity. That's a very compelling potential return that has already largely been de-risked following yesterdays release. If i didn't have a very heavy exposure to it I would have FOMO. Still see it as a conviction 'Buy'.
Ann: Dalgaranga Gold Project - Mineral Resource Estimate Update, page-129
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Last
$1.51 |
Change
-0.030(1.95%) |
Mkt cap ! $1.674B | |||
| Open | High | Low | Value | Volume |
| $1.53 | $1.56 | $1.51 | $3.275M | 2.130M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 25737 | 3 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| SPR (ASX) Chart |