ICG 25.0% 0.6¢ inca minerals limited

Ann: Roadhouse Target Confirmed and Riqueza Drilling Update, page-77

  1. 2,996 Posts.
    lightbulb Created with Sketch. 1052
    With the oppies now done, i expect we will see a rise here in the coming month or two while we await the drilling results in Peru and the assays from hole 4. At this SP level, IMO, ICG are way oversold. With the tenements held and the possibility in the tier one prospects, having a current market cap of about $42 million is an absolute bargain.

    My best example of being invested in post oppy growth is NVA. Their oppies expired last August and we can see what happened in the months after a successful oppie conversion.
    https://hotcopper.com.au/data/attachments/3401/3401339-9ef1d201751c5d35ca04de8c59a08042.jpg

    With the amount of prospective tenements ICG have, the SP could easily outperform the above example. One hit and the market cap could easily grow to into the 100s of millions.

    Giddy up!
 
watchlist Created with Sketch. Add ICG (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
-0.002(25.0%)
Mkt cap ! $4.828M
Open High Low Value Volume
0.8¢ 0.8¢ 0.6¢ $27.47K 4.191M

Buyers (Bids)

No. Vol. Price($)
4 1520159 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 186209 1
View Market Depth
Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
ICG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.