Yes, I would expect that as well. Here we are at 53c (2.30pm Monday) with a market cap of under $100 million. The value of just the high quality Fluorite is well over $1 billion, and there is the vanadium and other minerals not even included at this stage.
I see a real risk that one of the larger players will offer a takeover at say 30c and pick up a huge number of shares!! When we were just "vanadium" BHP and RIO might not have been interested - but now we are a serious multiple resource contender. Also, there could be real overseas interest.
Ann: Tivan Upgrades Resource Estimate - Speewah Flourite Project, page-19
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Last
5.1¢ |
Change
0.001(2.00%) |
Mkt cap ! $83.71M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.2¢ | 5.0¢ | $34.34K | 680.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 2779 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 5.3¢ | 61348 | 2 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
5.2¢ |
Change
0.001 ( 9.70 %) |
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| Open | High | Low | Volume | ||
| 5.1¢ | 5.2¢ | 4.8¢ | 479378 | ||
| Last updated 15.53pm 24/05/2024 ? | |||||
| TVN (ASX) Chart |