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14.3% 0.6¢ cassius mining limited

Was 3.3c. Company has circa $2M cash. I took a small chunk in...

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  1. donteatme
    9,495 Posts.
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    29/02/24
    13:49
    Post #: 72670966
    Was 3.3c. Company has circa $2M cash.

    I took a small chunk in the CR and have added a few parcels on market today to bring my average to ~1.6c.

    End of the day they still have a case even if they have to give up more of the pie to a more risk tolerant litigation funder.

    With 500M SOI, EV is around $3M at 1c. Considering they own 100% of a case worth US$275M, I think there is still some upside from here once the dust settles, albeit at a higher risk.

    DYOR etc.
    CMD Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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0.6¢ 		Change
-0.001(14.3%) 		Mkt cap ! $3.252M
Open High Low Value Volume
0.6¢ 0.6¢ 0.6¢ $0 1

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2 348359 0.6¢
 

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Price($) Vol. No.
0.7¢ 3134065 3
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