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.
I don't disagree there! Current valuation is heavily dependent...
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Last
6.0¢ |
Change
0.004(7.14%) |
Mkt cap ! $102.9M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 6.0¢ | 5.5¢ | $20.60K | 357.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 201976 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 1161535 | 3 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| XAM (ASX) Chart |