Agree on the volume that may be out there to soak up before direct drive with the share price. If is keeps coming out, it is probably an opportunity to accumulate. I think a resource is coming but will be a while....depends how quickly the current drilling can be completed and also what it shows up. I can see a 2-3x on the share price from current levels, maybe not the 4x that your $100M MC woudl suggest, but I wouldn't be complaining it if was.
I'm really keen to see what their regional exploration programs yield going forward.
Agree on the volume that may be out there to soak up before...
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Last
1.0¢ |
Change
-0.001(5.00%) |
Mkt cap ! $9.272M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $6.701K | 690.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 3962932 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 556874 | 2 |
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| Last trade - 15.54pm 31/07/2024 (20 minute delay) ? |
| MKG (ASX) Chart |