Hopefully now that the tax year is finished the cap raise sellers will have dried up for the most part. Might see the share price start to climb back up towards 10c.
If assays from the current drill program at two high priority and potential company maker projects shows promise, there will be a significant re-rate of the market cap. At current levels there is huge upside upon any catalysts from current drilling.
CUS
Market Cap ~$10.5M (@ 9.0c)
Cash ~$4.0M
EV ~$6.5M
Hypothetically, if they were to make a discovery and the initial re-rate went to:
$50M MC = ~$0.43 (approx 4-5 bags)
$100 MC = ~$0.86 (approx 9-10 bags)
As an example, the recent AGC discovery saw the re-rate of their MC elevate to well over $100M and settle back to $70-100M.
Please do your own research as there is no guarantees that CUS will make a discovery but the upside from current levels is huge. The current drill program is not just deep drilling a single prospect, but rather two very high quality projects and a discovery from either of these would catapult the share price and market cap.
Best wishes to all CUS holders!
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Hopefully now that the tax year is finished the cap raise...
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Last
9.1¢ |
Change
-0.002(2.15%) |
Mkt cap ! $10.21M |
Open | High | Low | Value | Volume |
9.3¢ | 9.3¢ | 9.1¢ | $21.39K | 233.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 76000 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.6¢ | 30000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 76000 | 0.090 |
1 | 68000 | 0.089 |
1 | 150000 | 0.088 |
1 | 100000 | 0.087 |
2 | 60390 | 0.085 |
Price($) | Vol. | No. |
---|---|---|
0.098 | 77089 | 1 |
0.099 | 86628 | 1 |
0.105 | 76999 | 1 |
0.110 | 30202 | 1 |
0.130 | 30000 | 1 |
Last trade - 15.58pm 28/06/2024 (20 minute delay) ? |
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