Very reasonable share price valuation but of course it's all up to the investors and the market.One thing to remember is though, getting approvals in the Pilbara for a gold mine will be a lot harder due to native titles. Just searched Degrey mining camp on maps and the areas defined are fairly close to old river systems. A lot of work will need to happen before mining leases are granted and of course the obvious, building a refinement plant. Approvals may take a lot longer than some investors may expect. This is definitely a medium to long term investment.
Hold.
Ann: Further High Grade & Expanded Footprint at Hemi, page-325
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$1.20 |
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-0.008(0.62%) |
Mkt cap ! $2.887B | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.21 | $1.20 | $515.7K | 428.6K |
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| No. | Vol. | Price($) |
|---|---|---|
| 23 | 59174 | $1.20 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 130584 | 14 |
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