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
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.86M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19800 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 4418 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19800 | 0.050 |
1 | 60000 | 0.048 |
1 | 30000 | 0.045 |
1 | 210000 | 0.041 |
1 | 1 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 4418 | 1 |
0.054 | 82620 | 2 |
0.055 | 147851 | 1 |
0.056 | 100000 | 1 |
0.057 | 34800 | 1 |
Last trade - 16.12pm 10/09/2024 (20 minute delay) ? |
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ERM (ASX) Chart |
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