I tipped this to a fund manager last week that should have know about OAU , he seemed dumbfounded when I told him about the drill result intercepts , I know he is a geo but that is no excuse for living under a rock .
He kept banging on about microcap gold companies and how they were half their cap of 2 years ago and confirming to himself why his company was not investing in them
Maybe he is the $150K buyer finally seeing the light ?
Apart from the USSR in the 3 years post communism , has there ever been such a discount to asset value in the microcap gold market (not just OAU) for high grade gold assets in Tier 1 jurisdiction's (Canada , USA , Australia, NZ ) as right now ?
Ann: Crown Prince Delivers Further High Grade Gold Results, page-45
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Last
0.6¢ |
Change
0.001(9.09%) |
Mkt cap ! $42.84M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $23K | 4.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 35695306 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 22033926 | 26 |
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| Last trade - 15.03pm 23/07/2024 (20 minute delay) ? |
| OAU (ASX) Chart |