I said I missed the boat for the juicy gains and that was only a passing comment because I haven't studied the company closely enough. At a cursory glance I noticed that the project is in JV so when looking at ERM's market cap you need to realise it only represents a proportion of the value of the project. Does the project currently have a value implied by the ERM's market cap "multiple"? I can't say as I haven't looked closely enough. Often the juicy gains are the best gains and I have some reservations about the widths of the intersections (hence tonnages) from the announcement, which is frankly all I looked at. Maybe there is prior information that lifts the value case I just don't know. What I can say is that grades like these always give a good chance for a mine if they can come together to make a big enough resource so there are worse stories to be hanging your hat off. Good luck again. Esh
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Last
6.5¢ |
Change
0.002(3.17%) |
Mkt cap ! $35.40M |
Open | High | Low | Value | Volume |
6.6¢ | 6.7¢ | 6.3¢ | $41.97K | 648.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 165 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.063 |
2 | 95000 | 0.062 |
1 | 163934 | 0.061 |
1 | 16500 | 0.060 |
1 | 200000 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 165 | 1 |
0.067 | 100000 | 1 |
0.068 | 108800 | 2 |
0.069 | 72391 | 1 |
0.070 | 70500 | 3 |
Last trade - 14.27pm 10/07/2024 (20 minute delay) ? |
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