Deeply undervalued. LT accumulate and hold. Just how bad is South Africa? Difficult yes but still lots of operating mines.
Compare Market cap of SPD with 11.65Moz resource + large exploration target of ~ 30Moz with GALs market cap, which is 3 X SPD's and GAL don't have any resource yet in what is shaping up to be a pretty low grade and patchy discovery.
Ann: UG2 Mineral Resource increases by 39% to 11.65Moz (4E), page-3
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Last
39.5¢ |
Change
0.055(16.2%) |
Mkt cap ! $35.45M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 42.5¢ | 34.0¢ | $17.56K | 47.60K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 272 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| SPD (ASX) Chart |