"As someone said here CGR that I hold thankfully is 6x the MC of this"
is that because CGR has 6 different target so hence 6x MC?
it's great to have many potential targets
what's chance that all 6 targets will make a new discovery?
say if only one target will make the discovery, it's 1/6 or 16.66% chance that first drilling will be successful
if two targets will make the discovery then that's 33.33% chance that first drilling will be successful...
For RCR, discovery or no discovery is 50/50
so unless 3+ out of 6 targets (CGR) are new discovery then comparing current drilling program between two companies RCR has higher probability of finding something. imo.
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.510M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $9.738K | 811.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2991811 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 32500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 2991811 | 0.011 |
4 | 1622323 | 0.010 |
4 | 402222 | 0.009 |
3 | 480000 | 0.008 |
2 | 271430 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 32500 | 1 |
0.013 | 772000 | 2 |
0.014 | 1326174 | 5 |
0.016 | 276029 | 2 |
0.019 | 35117 | 1 |
Last trade - 14.57pm 27/06/2025 (20 minute delay) ? |
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