I understand your analogy as it makes sense.
However, "With the upcoming drilling campaign if ARU can increase resources,that gap will widen."
Implies that the more Nolan's grows, the less it should be valued as compared to LYC, However, I think that my wires may have been crossed and interpreted your words the wrong way.
Choice
as good as it gets, page-7
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $395.8M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.8¢ | $496.5K | 3.086M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 942705 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1299285 | 24 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| ARU (ASX) Chart |