People also have seemed to have forgotten the good work company previously did without any real direction.
I refer people to CEO ASX release dated 24/05/2011. This was when company released to the market where it was heading.
Just remember that Completed exceptional work in a 5 week period. Whilst the true extent of these works was not visable until the prospectus was issued (outlining all drill work) but we have seemed to have lost focus on this.
Atleast Mark and NGS have now had time to get the details more in line with the Survey work completed.
Next step will be Drill work and it may provide some answers to the market. But this will happen. And the support from Mr Market may want some firmer results to impress it but thats the way it is today.
When you look at where we sit today which is $14m in property and cash plus money expensed during D.D (about $2m) and todays M/C of $29m you can now doubt see that overall there is SIGNIFICANT upside potential. But the Market wants to wait and see.
I am happy to be corrected wrong with the next point if anyone has a better answer but:
- when you compare AKM and CEO prospects and location of sites to infrastructure and final markets (mainly China) who is better placed? Yes the difference is that AKM has proven up a great resource but can't DRG do the same? TEEG is the one of interest today but tomorrow we may also prove up something down south.
Personally I am looking forward to some insites being released by the company only on the pure basis that we may get some constructive contributions about the companies projects and insites as the views of others about these details.
Unfortunatly one person (of the few) who seems to have common sence here has been a member for 18 months and only ever posted once so i feel we may not here from them again.. Thanks RedPeter for your one and only post...
- Forums
- ASX - By Stock
- BGL
- geophysics survey completed
geophysics survey completed, page-25
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BGL (ASX) to my watchlist
|
|||||
Last
$1.27 |
Change
-0.010(0.78%) |
Mkt cap ! $1.619B |
Open | High | Low | Value | Volume |
$1.29 | $1.30 | $1.26 | $9.447M | 7.441M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 26512 | $1.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.27 | 63228 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 84404 | 1.260 |
8 | 61601 | 1.255 |
25 | 222068 | 1.250 |
3 | 29849 | 1.245 |
12 | 177740 | 1.240 |
Price($) | Vol. | No. |
---|---|---|
1.270 | 16001 | 1 |
1.275 | 227183 | 5 |
1.280 | 30982 | 2 |
1.285 | 109982 | 3 |
1.290 | 75982 | 6 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
BGL (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online