Relative to the $23mill market cap these results and Medcalf alone mean there is massive multiples upside in the share price ...AND then there is still Bynoe drilling to come, in the middle of CXO's grounds...I've loaded up some more
If they can get anywhere close to $10mill tonnes at Medcalf then they should be at least $120mill , ie 5x current share price (using ESS undervalued takeover offer as a guide).
..just my thoughts, good luck to all.
Relative to the $23mill market cap these results and Medcalf...
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8.0¢ |
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Mkt cap ! $6.194M | |||
| Open | High | Low | Value | Volume |
| 8.0¢ | 8.0¢ | 8.0¢ | $12.77K | 159.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12451 | 8.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 8.4¢ | 25000 | 1 |
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| Last trade - 10.14am 03/05/2024 (20 minute delay) ? |
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8.3¢ |
Change
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| Open | High | Low | Volume | ||
| 7.9¢ | 8.3¢ | 7.9¢ | 23760 | ||
| Last updated 11.36am 03/05/2024 ? | |||||
| CHR (ASX) Chart |