Solid action this morning and good to see a slow and steady move rather than massive pump.
Thinking about reasonable price horizons...
$890,000 cash on hand
$6M mc @ 1c
$12M mc @ 2c
$18M mc @ 3c
A quick study of the market right now suggests all of the above are quite possible. Beyond $18M mc, I think you really need to have a project that includes a scoping study or getting towards talk of a JORC resource. Or own a massive tenement that is highly prospective.
On the other hand, any announcement regarding a coal asset purchase would provide additional value to the above MC projections.
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Open | High | Low | Value | Volume |
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35 | 21701569 | 0.005 |
17 | 12101088 | 0.004 |
7 | 8269009 | 0.003 |
8 | 9600000 | 0.002 |
Price($) | Vol. | No. |
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0.008 | 5138392 | 7 |
0.009 | 3492332 | 6 |
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