I think in the current market conditions - I'm not going to expect fireworks (even if we came across the biggest nickel deposit on planet Earth). I do watch Mincor closely, they are our neighbors (quite literally) and have less reserves at a lower grade than us.
They're trading at an equivalent of $3.22 to our market cap today in these trying conditions, and have even been trading 71% higher (equivalent peak of $5.50 calculated into the MC of Widgie for comparison). They just started production, and looking at OPEX, aren't far from returning profits, then likely dividends.
This is our neighbor, with a lower grade, and lower reserves. They're doing fantastic, and we'll do even better. Whilst it's still a little while out to be talking dividends - it's worth noting the tiny amount of shares on issue, cashflow positive situation of the company, and extensive reserves. Doing the math on general operating expenses and projecting a potential profit (based on peer comparisons), I come up with a dividend figure that is just absurd, and so much so that I wont show it. All I will say is that for it to be a realistic dividend, our share price will have to be absolute multiples of where it is now. I'm very excited.
We'll be attracting attention very soon. Enjoy the ride!
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1.7¢

I think in the current market conditions - I'm not going to...
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $9.350M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.7¢ | $15.45K | 899.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1104879 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 190074 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1104879 | 0.017 |
2 | 238000 | 0.016 |
2 | 135000 | 0.015 |
1 | 40000 | 0.014 |
1 | 76920 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 190074 | 2 |
0.019 | 280779 | 4 |
0.020 | 71781 | 3 |
0.021 | 205958 | 3 |
0.022 | 31119 | 1 |
Last trade - 15.54pm 27/06/2025 (20 minute delay) ? |
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PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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