I’d be intrigued to hear what value you place on JORC gold in the ground.
From what I can gather historical value is somewhere in the order of A$50-A$100 per oz depending on gold price, location and infrastructure. This puts a value on the Burracoppin JORC at A$3.2m - A$6.4m with upside. So I agree that the project is well in excess of the current market cap with zero value assigned to all other projects.
Non-dilutive funding needs to come from the spin off of the Australian gold/copper portfolio as previously flagged. They just need to get it done with Africa being the focus now. No point holding them and spending further funds that they don’t have.
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.667M |
Open | High | Low | Value | Volume |
1.7¢ | 2.1¢ | 1.7¢ | $12.62K | 737.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 320000 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 320000 | 0.017 |
1 | 132825 | 0.016 |
4 | 282628 | 0.015 |
2 | 250000 | 0.014 |
1 | 41680 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 300000 | 1 |
0.021 | 550000 | 2 |
0.022 | 13500 | 1 |
0.023 | 10000 | 1 |
0.024 | 10000 | 1 |
Last trade - 11.20am 06/09/2024 (20 minute delay) ? |
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