3 words. Grade. Resource size. Both are modest compared to peers. It doesn't matter that the economics stand up with an awesome DFS and excellent ESG credentials. Until it has offtakes and finance, its still all just a grand idea. Until its value can be determined with hard dollars, it will be determined by grade and resource size. Thats how the market has always valued resource stocks (esp in Oz). Western Strategy drilling commencement is the best chance of strong SP appreciation near term, given the potential to double the current resource.
3 words. Grade. Resource size. Both are modest compared to...
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $141.9M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.0¢ | $84.14K | 786.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 286817 | 6 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ASN (ASX) Chart |