Renewed IGV upgrade considering current spot price
10mt @ 1.3% =130,000t
130,000 x $10,400t = $1.35b USD / $1.65b AUD
20mt = $3.3b AUD (easily achievable) with over 170,000m historical drilling, worth over double current m/c alone + $4m cash
30mt = $ 4.95b AUD
This is not including any silver credits which will be decent as well
If the bottom end spec valuation is approx 4% of IGV
Gives current fair value @$66m m/c
$66m ÷ 151m SOI = 43c per share
Current s/p is like buying someone a drink when they own the bar you are buying it from
Cu price will still climb making this deposit valued @1% of its real worth, you will not see this undervalue in the copper game again
Keep an eye on the stealthy buys
GLTA
- Forums
- ASX - By Stock
- +$5b IGV Copper resource coming
Renewed IGV upgrade considering current spot price10mt @ 1.3%...
-
- There are more pages in this discussion • 2 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 NRX (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.376M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $1.137K | 103.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 3140100 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 18333 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 3140100 | 0.010 |
5 | 1984016 | 0.009 |
2 | 494980 | 0.008 |
6 | 1442564 | 0.007 |
3 | 1449995 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 18333 | 1 |
0.013 | 242000 | 3 |
0.014 | 1590000 | 2 |
0.015 | 521428 | 3 |
0.016 | 994286 | 3 |
Last trade - 12.38pm 28/06/2024 (20 minute delay) ? |
Featured News
NRX (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online