Facts.
The fact is that SPQ is a small cap and highly speculative.
Fact, there aren't many copper juniors drilling 900m holes (bottle tree). SPQ is drilling Tier 1 targets and is leveraged for discovery.
WA1 is a good example. I remember WA1 started drilling West Arunta 13/7/2022 company released a drilling update 18/08/2022 market wamted assays and sold the stock off. on the 26/10/2022, the discovery was announced. 3 months after drilling.
Price at release 14c
Price at ipo 20c Feb 2022
proce today $5.50
In small caps, you need to back your research and have the stomach for volatility.
Perhaps you're better suited for blue chips?
Ann: Strong mineralisation, substantial porphyry potential at CC, page-160
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1.1¢ |
Change
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Mkt cap ! $22.01M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $15.39K | 1.290M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 529019 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1710319 | 4 |
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| SPQ (ASX) Chart |