Haha, this is what raises my eyebrow somewhat. I know of some up coming mining companies that have a large resource of the same material, lom of between 20-40years, offtakes signed, around 1.5billion shares on issue each, but are still building their camps and have yet to process and ship any ore and they're trading 45c,$1.2. With forecasted revenues much similar to ours.
Yet here, we have our 'camp' built, already processing a replenishable resource, offtakes signed, 'lom' of...well....infinite! And only trading at the price we have been, if this hasn't been the classic example of being undervalued then i dont know what is.
I guess this shows whats hot and whats not on the asx.
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Last
55.0¢ |
Change
-0.015(2.65%) |
Mkt cap ! $27.34M |
Open | High | Low | Value | Volume |
56.5¢ | 56.5¢ | 55.0¢ | $2.105K | 3.789K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 190 | 55.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
56.5¢ | 961 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 190 | 0.555 |
3 | 4317 | 0.510 |
3 | 6030 | 0.505 |
2 | 7480 | 0.500 |
1 | 1000 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.565 | 961 | 1 |
0.570 | 2662 | 2 |
0.575 | 650 | 1 |
0.650 | 45000 | 1 |
0.700 | 1368 | 1 |
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