Also Plough I agree with your point of view and Im also happy even if we only give a current evaluation of 100k ounces in ground from MRE. This figure of 100k @ 2180usd and ounce is a lazy 310 Million AUD. minus costs to mine and toll treat would leave roughly 120M to 140M after costs.
A healthy position to be in and thats just with 100k ounces, I see a lot more ounces as prevoiusly posted and estimated.
If the next drill shows extensions to and more shoots, as multiple shoots have been discovered, the market should really see the value in CAV and the discovery that started not long ago with successful drill discovery at start of 23 shall turn into a great small high grade mine. This management has done a great Job. I looked Humphreys linkedin and nothing but praise and excitement from peers in the industry. The discovery is no Hemi though its a really high grade low cost discovery of Gold!
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $17.11M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $4.5K | 1.1M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 59145996 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 15895920 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 59145996 | 0.004 |
14 | 16688328 | 0.003 |
21 | 26617936 | 0.002 |
16 | 40961748 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 15895920 | 22 |
0.006 | 19906424 | 20 |
0.007 | 6820726 | 10 |
0.008 | 7405260 | 10 |
0.009 | 5094477 | 5 |
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