I would be expecting (or want) a higher appreciation then 50% given free cash ~$520M over 8 years, EPS / year ~11 cents (rough calculations) and add in the potential to be a "processing hub" - 50/50 split on profits after costs
It sounds like their bio-leaching extraction of copper from crushed ore saves them a bucket load of $$$ giving them a crazy low ASIC == US$2.23
The sell walls seem to have disappeared - and "they" are triggering trailing stops. I want to sell half and buy back lower but concerned about funding news dropping at any moment. I would like them to get funding from multiple sources - spread the risk rather than relying on one? ..........
I would be expecting (or want) a higher appreciation then 50%...
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.9M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.3¢ | $18.78K | 816.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1129149 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 1000000 | 2 |
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| Last trade - 10.00am 26/06/2024 (20 minute delay) ? |
| ANX (ASX) Chart |