Not much happening in the world of Jnr Gold developers atm, especially one of my favourites MZZ.
LT chart trading sideways - 17-35c ranges since IPO and then subsequent change of projects and management team.
Gold in XAUCAD is near 2k an ounce. Those margins would be near 1k per oz / or near 100m FCF annually (100k production sub 1k ounce).
Just waiting for the market to see the value here at 20m MC.
Catalysts going forward,
January - JORC upgrade. Personally looking for 170-200k added with additional further identified targets for FY 20 field season.
March - long awaited PEA/Scoping study. Let's see these numbers, hoping for NPV10 170m+ (2k Gold).
Additional info, MZZ looking to expand team. Hoping we can attract further quality names to the project.
Capital raising which inevitably will come at some point, to raise cash for drilling FY20/ permitting and PFS.
One day this will break out of this range and run to Cannacord's price target of 70c very quickly.
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Last
6.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.20M |
Open | High | Low | Value | Volume |
7.0¢ | 7.2¢ | 6.9¢ | $3.94K | 55.64K |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 193831 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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7.0¢ | 255028 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 193831 | 0.069 |
1 | 9206 | 0.068 |
3 | 67843 | 0.067 |
3 | 71155 | 0.066 |
1 | 100000 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 255028 | 2 |
0.072 | 22792 | 1 |
0.073 | 20000 | 1 |
0.074 | 2250 | 1 |
0.082 | 30000 | 1 |
Last trade - 12.15pm 03/05/2024 (20 minute delay) ? |
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Last
7.0¢ |
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Change
0.000 ( 0.00 %) |
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Open | High | Low | Volume | ||
7.2¢ | 7.2¢ | 7.0¢ | 35896 | ||
Last updated 14.41pm 03/05/2024 ? |
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