down rampers / people with an agenda always say...
"I'm not down ramping.... but"
Sure, there's a bucket load of shares in play and there will be another 2 billion by November. that's not going to be a problem as long as the resource matches the expectations. The obvious bonus is the $6 M from the Nov oppies which will reduce the need for CR
As far as market cap goes 7 billion @ 2 cents $140 M MC
that's the play.
IXR gets mentioned often enough to join the dots, IXR expected MC in 4 years when production starts is an estimated $500 M
That's an equivalent SP of 7 c of MRD get that far. we are a good 18 months behind IXR.
these are just my personal "back of envelope" calcs and are rough as hell.
- Forums
- ASX - By Stock
- MRD
- Ann: Company Presentation
Ann: Company Presentation, page-34
-
- There are more pages in this discussion • 3 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 MRD (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.784M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $18.95K | 18.95M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 9257468 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 200422189 | 97 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 9257468 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 199822189 | 96 |
0.003 | 100850987 | 32 |
0.004 | 35268376 | 19 |
0.005 | 8080809 | 7 |
0.006 | 5476353 | 7 |
Last trade - 15.14pm 12/07/2024 (20 minute delay) ? |
Featured News
MRD (ASX) Chart |