OK, so let’s take a look at this analysis:
M4M will be drilling this month and so will have project economics at Cane Bore, probably worth at least twice this mkt cap, which they expect to get into production early next year.
M4M will soon be drilling on the biggest iron ore target the Pilbara has seen in decades, which is on a road 100km from a port which has plenty of spare capacity
The company also has a pipeline of projectos starting to be worked on which could easily make it a $1bn+ Tier 2 iron ore company. It has the experience and backing to do it.
Stock is cheap with far more potential than any of those others
Ann: Highly Encouraging Rock Chip Results Returned for Cane Bore, page-75
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $28.98M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.8¢ | $54.21K | 6.184M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 4173472 | 13 |
View Market Depth
| Last trade - 14.21pm 01/11/2024 (20 minute delay) ? |
| M4M (ASX) Chart |