I bought in for the same reasons. For $5.6m EV you get:
- 303mt JORC coal resource (check out the coal spot price movement since August).
- Shot at further acquisitions - still being looked at as per commentary.
- Gold results pending - went back with additional AC drilling after the RC round, so something must have caught interest. Underexplored projects in very good locations.
- Developing JV with a major world leader in the hydro renewable energy sector.
As a worst case at the current price you have the current ASX shell valuation. I like these plays with limited downside and plenty of blue sky if only one of the above four plays pay off.
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Last
2.6¢ |
Change
0.001(4.00%) |
Mkt cap ! $3.521M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.5¢ | $40.61K | 1.603M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 153910 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 183084 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 153910 | 0.025 |
3 | 561666 | 0.024 |
2 | 557893 | 0.023 |
1 | 500000 | 0.022 |
1 | 47615 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 183084 | 1 |
0.027 | 400000 | 1 |
0.029 | 70808 | 2 |
0.030 | 42637 | 1 |
0.032 | 65069 | 1 |
Last trade - 15.55pm 27/06/2024 (20 minute delay) ? |
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