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6.25%

0.9¢ ev resources ltd

Can you explain to me why do you think that way? From the...

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hmatz

395 Posts.

04/04/18

11:47

Post #: 32209324
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Originally posted by farzan ↑

As what I understandd from those timetables, they are not going to do any exploration until the end of Q4, which isn't useable because of cold weather of this area. Imo, another capital raising on the card while burinig all capital during this year, through presentations and salaries. the only thing I can't understand is why those insto keep buying!!!! (are they doing same mistake as EUC???)

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Can you explain to me why do you think that way?

From the presentation slide 21, drilling should start on Q3 ?
From the last cashflow report they should have about 3.5m now, and administrative/staff costs are only about 200k for the last quarter... so why would they need a raise to pay salaries, assuming they are doing no exploration?

I think this is undervalued and that is why the instos are buying it.

JDR Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.9¢		Change 0.001(6.25%)		Mkt cap ! $11.89M

Open	High	Low	Value	Volume
0.9¢	0.9¢	0.9¢	$438	48.66K

Buyers (Bids)

No.	Vol.	Price($)
7	2055000	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	1133733	6

View Market Depth

No.	Vol.	Price($)
7	2055000	0.008
16	6393616	0.007
4	4610000	0.006
4	2800000	0.005
1	1200000	0.004

Price($)	Vol.	No.
0.009	1133733	6
0.010	4315382	6
0.011	2998054	7
0.012	2086267	6
0.013	2844368	8

Last trade - 11.04am 30/04/2024 (20 minute delay)

EVR (ASX) Chart