I like your enthusiasm, but at $2 this would give THX a market cap of $625M and at $5 it would be $1.5B (not factoring in options which no doubt would be converted). Both these numbers seem on the high side for an explorer not yet in production.
A quick but steady rise to $1 in late Jan/Feb seems more plausable to me if they have the goods (still a ten bagger from here), then once they can get closer to production $2 and $5 could be on the cards
Ann: Video Update at Mines and Money London, page-5
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Mkt cap ! $35.70M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $550 | 110K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 23966399 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 33772186 | 25 |
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| Last trade - 13.08pm 17/07/2024 (20 minute delay) ? |
| OAU (ASX) Chart |