Was doing some reading across a the sector. Came across @wombat777 thread (below) were he was outlining the case for Gold development stories/play. Which IMO are all stupid cheap versus Producers and POG. But spec money lagging at this point.
In the table from @wombat777 he was kind enough to include $MZZ in his table.
Trading at 27$ per ounce, excluding a possible 170-200k (my guess) upgrade out next this month, should be favourable Ev/Oz.
Adding MZZ is shallow high grade and open pit in a tier 1 location. Could see three digit IRR at 2k CAD Gold.
I think we will have a big qtr soon... alot of news flow incoming.
https://hotcopper.com.au/threads/ann-estelle-gold-district-technical-presentation.5175289/#post-42453829
Was doing some reading across a the sector. Came across...
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Last
7.9¢ |
Change
0.003(3.95%) |
Mkt cap ! $41.44M | |||
| Open | High | Low | Value | Volume |
| 7.6¢ | 8.2¢ | 7.5¢ | $20.78K | 265.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 236721 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.1¢ | 30000 | 1 |
View Market Depth
| Last trade - 15.59pm 25/04/2024 (20 minute delay) ? |
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Last
8.2¢ |
Change
0.003 ( 6.49 %) |
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| Open | High | Low | Volume | ||
| 7.6¢ | 8.2¢ | 7.6¢ | 15386 | ||
| Last updated 15.21pm 25/04/2024 ? | |||||
| MZZ (ASX) Chart |