I don't disagree there! Current valuation is heavily dependent on risk discount and the guesstimate as to how much resource upside there is still to be realized. However, even with a zero additional resource assumption, a $3.8/lb forward copper price and a 40% risk discount I've got a fair value estimate of 14c (with the caveat it has so many assumptions it's close to meaningless at this early stage!!!).
I've been in this stock for a long time, but If I wasn't already at my self-imposed allocation limit I'd be buying.
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Last
8.0¢ |
Change
0.001(0.63%) |
Mkt cap ! $182.1M | |||
| Open | High | Low | Value | Volume |
| 8.0¢ | 8.0¢ | 7.9¢ | $435.9K | 5.488M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 100850042 | 7.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 22483983 | 41 |
View Market Depth
| Last trade - 12.16pm 25/06/2025 (20 minute delay) ? |
| XAM (ASX) Chart |