OAU not necessarily to have plants or produce to actually re-rate. if the discovery extend further out 1km+ of its tenements.
At shallow hit, chance for other options can be consider JV / sale off the project with proven JORC.
Then available fund can be used to develop other part tenements. many small companies do the same.
take instance PSC.... i used to buy it at MC < 20mil couple years back. sold of its Li project @MC=700mil+ with hectic dividen to SH.
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Last
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Mkt cap ! $29.03M |
Open | High | Low | Value | Volume |
0.5¢ | 0.6¢ | 0.5¢ | $15.42K | 2.904M |
Buyers (Bids)
No. | Vol. | Price($) |
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19 | 8775901 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.6¢ | 45696095 | 28 |
View Market Depth
No. | Vol. | Price($) |
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18 | 8382101 | 0.005 |
17 | 14954999 | 0.004 |
6 | 6366667 | 0.003 |
10 | 12995398 | 0.002 |
10 | 49991039 | 0.001 |
Price($) | Vol. | No. |
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0.006 | 45696095 | 28 |
0.007 | 25225886 | 20 |
0.008 | 6922671 | 7 |
0.009 | 2826700 | 6 |
0.010 | 5265826 | 7 |
Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Open | High | Low | Volume | ||
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