I don't doubt that. Just saying that when I came on board at $0.22c it was a great story. Plenty that got in at a lot lower than that. I have waited to see if they made further discoveries in the surrounding areas which showed promise, but delivered nothing.
Do I want to help fund a project on a company with a market cap of $225m to produce a 10year NPV of double that. No. Triple. Still no.
Risk reward no longer makes sense for me, indicated resource upgrades or not, numbers will still be too small.
Ann: Outstanding Economics - RAS Scoping Study (First 10 Years), page-4
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Last
$1.12 |
Change
0.000(0.00%) |
Mkt cap ! $230.4M | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.14 | $1.12 | $487.4K | 433.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 72665 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 96277 | 4 |
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| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.13 |
Change
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| Open | High | Low | Volume | ||
| $1.12 | $1.14 | $1.12 | 35753 | ||
| Last updated 15.52pm 17/05/2024 ? | |||||
| SMI (ASX) Chart |