good comparison. VMM looks way under-valued. capital just raised. already has confirmation of depth across the deposit pretty much confirmation it can generate a large mineralisation size and grade to boot
equally MEI has proven metallurgy is ionic across nominal depth profile. aka all the intercepts down to 15-20m are proven ionic. that's huge, it's not selective ionic testing at surface.
Unfortunately others either have smaller resource with higher market cap, or smaller resource with relatively unproven met work and limited expansion in overall resource size. Gina's venture looks extremely overvalued IMO. not worth even half of MEI, VMM should easily exceed that resource in tonnage and grades. others probably not
For the record, I will trade others but at current MC VMM by far best risk verse reward to go long on IMO.
great share for VMM.
SF2TH
good comparison. VMM looks way under-valued. capital just...
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Last
70.5¢ |
Change
0.005(0.71%) |
Mkt cap ! $46.47M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 72.0¢ | 69.0¢ | $258.0K | 377.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| VMM (ASX) Chart |