Morningstar has Pacifico as a Buy and 1c target. Not a fan but in this rare case we are in agreement.
Serious rerate is on the cards and a definite possibility, a little perplexed with the seller possibly growing impatient or need cash chasing gold dreams.
On the silver side, the pure silver exploration companies on the ASX has $10US per ounce ASIC etc so i think the case of a silver by-product with Sorby Hills is far more compelling, silver is only going high.. the future of power is battery and our lead + zinc is the ticket to robust base metal prices and continious strong robust demand.
Sorby is most of the way there, buy us out or fund us - bring on the rerate.
Ann: Quarterly Activities and 5B Cashflow Report, page-26
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10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $23.33M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.0¢ | $109.6K | 998.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 325659 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 84227 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BML (ASX) Chart |