Considering this is touted as such a spectacular discovery at first glance it seems quite underwhelming:
- high commodity price assumptions
- NPV 6.5% (what the?)
- 15Mt case NPV A$2.8B so market cap already trading at 70%
- lots of ‘green metal’ fluff
- aftermarket release
Just a glance mind you, but seems fully baked considering it’s at Scoping stage. Whenever studies are repeatedly delayed I am very wary…
Ann: Gonneville Nickel-Copper-PGE Project Scoping Study, page-19
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Last
$1.32 |
Change
0.130(11.0%) |
Mkt cap ! $511.4M | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.35 | $1.19 | $9.396M | 7.339M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5300 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 32293 | 3 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$1.33 |
Change
0.130 ( 11.9 %) |
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| Open | High | Low | Volume | ||
| $1.20 | $1.35 | $1.20 | 1071385 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| CHN (ASX) Chart |