I know you are not supposed to do it and there are limitations to the value of what it conveys but we all do company comparisons....
I hold GBR with around 600k high-grade ounces (3g/t +/-)and within spitting distance of a WGX plant. MC is $36M. SHN at - for argument's sake and with no science - 800K at 5g/t at just over half that MC, and as I understand it also with hungry mills in the vicinity.
Draw your own conclusions, just me speculating while waiting for the tide to come in.....
I know you are not supposed to do it and there are limitations...
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.22M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $22.30K | 1.588M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1636178 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 5035464 | 8 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| SHN (ASX) Chart |