Agree with your assessment here, at 4.3c with these grades, something isn't quite stacking up. The hits have primarily been from hand drills, but to me that says, not only is he entire license not mined out. Even the existing adits have prospective resources, uncovered with fairly primitive techniques. With the money they have in the bank for years of exploration, it seems like that probability of significant hits and the payoff associated with such warrants a higher expected value of the stock currently and certainly poses a lot of upside for those willing to take the risk. I think fair value right now is probably closer to the $80m market cap range, which is more than double the current SP.
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Agree with your assessment here, at 4.3c with these grades,...
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $16.83M |
Open | High | Low | Value | Volume |
1.3¢ | 1.4¢ | 1.2¢ | $21.23K | 1.623M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 612642 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 448429 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 612642 | 0.013 |
2 | 1000371 | 0.012 |
3 | 927275 | 0.011 |
10 | 4728867 | 0.010 |
9 | 5093483 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 448429 | 2 |
0.015 | 1951594 | 8 |
0.016 | 1449788 | 2 |
0.017 | 42238 | 1 |
0.018 | 281235 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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