did anyone notice the company's resource statement in the quarterly? On my numbers they've got 500,000 ozs of platinum, in the regolith alone. This supports a back of the envelope 40c, plus you've got Luwumbu, SA (where they have also find platinum), cash and liduids (eg 10 million DNL at 20c) of around $7m.
This stock is cheap, 2004 drilling underway shortly at Luwumbu, expecting big things 04, Marketmad think stock could triple.
resource
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Last
27.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.358M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.0¢ | 26.5¢ | $182 | 680 |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 7971 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 27.0¢ | 76998 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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26.5¢ |
Change
0.000 ( 1.92 %) |
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| Open | High | Low | Volume | ||
| 26.5¢ | 26.5¢ | 26.5¢ | 10000 | ||
| Last updated 15.30pm 14/06/2024 ? | |||||
| GDM (ASX) Chart |