Ok. You have assumed this company goes to production. Now for some reality (maybe).
These lads cannot and will not operate a copper mine. Convince me that this will not be a job of clean up the balance sheet, do some cheap studies to demonstrate the potential and some value, and then flip it. An offer of 8c will come allowing the options to be in the money and this company with all its assets will be sold. Watch a South 32 come in here and take it imo. At least for us it's 8c. Gobble up what u can now and in 6 months get a nice little return. Those are just my back of the envelope calculations.
Have a happy Easter. Have appreciated your contributions here.
Ann: Updated Nifty MRE Reaches 1M Tonnes Contained Copper, page-40
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Last
3.7¢ |
Change
-0.004(9.76%) |
Mkt cap ! $56.41M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.1¢ | 3.7¢ | $355.6K | 9.255M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 250000 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 131578 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
3.8¢ |
Change
-0.004 ( 7.32 %) |
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| Open | High | Low | Volume | ||
| 4.0¢ | 4.1¢ | 3.7¢ | 3697533 | ||
| Last updated 15.57pm 21/05/2024 ? | |||||
| CYM (ASX) Chart |