If they get the vote to extend expiry they would be worth 0.005-0.006 at a current share price. This is because the market cap is so low and the drilling prospects so attractive. It cracks me up about people worried about dilution - all micro cap explorers need to raise money on the way up - saying they need to issue more capital shows you have no real experience in investing. To have an extra $6m in the bank would mean they would be set till the resource and due diligence is finalised. Then, depending on what they uncover the market cap could be $50-100M, or ten times current cap. So for now the risk is buying and hoping they get approval to extend expiry. If they do, the options are very cheap imo.
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Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $4.866K | 629.7K |
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No. | Vol. | Price($) |
---|---|---|
7 | 4096054 | 0.7¢ |
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Price($) | Vol. | No. |
---|---|---|
0.8¢ | 3165147 | 3 |
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No. | Vol. | Price($) |
---|---|---|
7 | 4096054 | 0.007 |
6 | 13532999 | 0.006 |
2 | 1500000 | 0.005 |
2 | 1750000 | 0.004 |
2 | 2099000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 3165147 | 3 |
0.009 | 300000 | 1 |
0.010 | 1288999 | 4 |
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