Higher high and Higher low each day. Someone just keeps creeping up buying all available stock. This will go to where ever they value it and it appears to be higher than 55c. volume has dropped off as profits have been taken and supply has been limited. Shanes phone is probably ringing constantly with people offering to take a stake. They will raise, when the think the price is closer to what they are valuing this discovery at. Hopefully the next CR includes a SPP to reward the long termers that funded this discovery.
70m shares at anything around the 50c to $1 range to raise 35-70m cash would be a pretty good result IMO and would fund a couple of years of intense drilling to push this into the $1bn+ MC range. That would also provide the cash to have a big drilling campaign up at Braeside to follow up the 33m at 0.5% Cu from surface that's also open in all directions.
This last 2 weeks is a perfect reminder why we patiently back good companies like RTR to do this systematic exploration with Tier 1 potential.
GLTAH DYOR
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Last
4.0¢ |
Change
-0.001(2.44%) |
Mkt cap ! $28.11M |
Open | High | Low | Value | Volume |
4.0¢ | 4.1¢ | 4.0¢ | $32.81K | 818.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 904811 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.0¢ | 199835 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 904811 | 0.039 |
7 | 960000 | 0.038 |
2 | 700000 | 0.037 |
7 | 846286 | 0.036 |
4 | 714285 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 199835 | 1 |
0.041 | 564852 | 5 |
0.042 | 300000 | 2 |
0.047 | 133333 | 2 |
0.050 | 730336 | 3 |
Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
4.0¢ |
  |
Change
-0.001 ( 2.44 %) |
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Open | High | Low | Volume | ||
3.9¢ | 4.1¢ | 3.9¢ | 496218 | ||
Last updated 15.34pm 13/05/2024 ? |
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MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
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