I think SER is a good buy at these levels
~9M MC with drilling to commence sometime in July (a month or so?)
AGC is valued over 70M MC, even with the most recent results that disappointed the market
"Achilles 1 (SER) has a near-identical polymetallic soil geochemistry anomaly to that identified at Achilles 3 (AGC), except it is approximately 3x larger in area"
The upside potential if they hit something similar to AGC is significant, but be prepared to lose 50% in the case of a duster. There might also be a chance to derisk or freecarry into drilling as usually the market gets excited once drilling begins
Ann: South Cobar Exploration Update, page-20
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $7.381M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $11.20K | 1.014M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1785399 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 417415 | 2 |
View Market Depth
| Last trade - 15.21pm 07/11/2024 (20 minute delay) ? |
| SER (ASX) Chart |