Incredible to think they have open at depth and both ends. I wasn't expecting such a large structural find by KAI. Looks to be an exciting drilling season all with a conglomerate upside potential.
I recall evaluating a companies MC using a gold in the ground value of roughly $20-$30 an Oz. That would make this worth around 5-7million to the MC which means an SP of around 4.4c to 4.7c. However given the surprising upside I would expect to see some "future" ounces factored in. So an SP of greater then 4.7c is realistic.
Ann: Pilbara Gold Project Mineral Resources Jump to 643000 Ounces, page-13
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1.3¢ |
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Mkt cap ! $34.20M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $12.24K | 942.0K |
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| No. | Vol. | Price($) |
|---|---|---|
| 10 | 6737938 | 1.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 753180 | 2 |
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| Last trade - 12.21pm 08/10/2024 (20 minute delay) ? |
| KAI (ASX) Chart |