i think the market is correctly valuing TCG at the moment.
and any discovery , if made, during the Nov program wont have the same 1000% gains as PDI
PDI's auger was similar to eburnea and the market missed it, when they made the discovery with AC, it went up 10x
in TCGs case , if they make a discovery , i think maybe a 2x at best.
during the first 6 months of drilling out the NE Bankan discovery PDI market cap hovered around the 60m area, which is almost where TCG is now .
i think there is a very strong chance TCG finds something here, but my expectations for SP growth are nowhere near what happened with PDI
i think the market is correctly valuing TCG at the moment.and...
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Last
30.0¢ |
Change
-0.010(3.23%) |
Mkt cap ! $246.9M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 31.5¢ | 29.5¢ | $1.212M | 3.998M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 197746 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 99999 | 1 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| TCG (ASX) Chart |