Bunn, your pretty smart, regardless of some comments here to the contrary.
One can usually assume a value of in-situ ore at 2.5% prior to any PEA / PFS
I haven't checked the exact numbers but our MRE in-situ valuation is roughly $3bn AUD @ 2.5%, market cap fair value should be ballpark $80m enterprise value.
Considering we have embarked upon a new drill seaon with close to $15m on hand personally, with great follow up targets I think we are undervalued. You can beg to differ, each to their own.
I wont bother extrapolating the CU price and potential of drill hits. A clever bloke like yourself can work that out.
Bunn, your pretty smart, regardless of some comments here to the...
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Mkt cap ! $80.24M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.5¢ | $223.7K | 1.435M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 2673 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 16.0¢ | 946544 | 13 |
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| Last trade - 13.11pm 07/05/2024 (20 minute delay) ? |
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| 15.5¢ | 15.5¢ | 15.5¢ | 931585 | ||
| Last updated 13.11pm 07/05/2024 ? | |||||
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