Gizard I agree that if the potential resources are probably / prove then there will be a multiple rerating. Many many times I suspect, and hence why I have got on board now. I tend to view the current price levels as undervalued based on potential alone, compared to some companies, and of course grossly undervalued if / when positive prospectivity results flow.
If the potential resources cannot be proven then the price will be in difficulty. However, I have a high degree of confidence in the sucess of reopening and mapping old miniing areas. It often shows that substantial very fine gold remains, which is recoverable using more refined modern techniques.
Incidentially, someone online referred to this as being worth .20. If the prospect is proven then, IMHO, that is grossly under the mark.
So I await the results with interest. Good luck for all.
- Forums
- ASX - By Stock
- billions of pounds of copper + gold
AS1
asara resources limited
Add to My Watchlist
6.67%
!
5.6¢

Gizard I agree that if the potential resources are probably /...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
5.6¢ |
Change
-0.004(6.67%) |
Mkt cap ! $61.66M |
Open | High | Low | Value | Volume |
5.9¢ | 6.0¢ | 5.6¢ | $3.417K | 57.42K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 86995 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 110 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 86995 | 0.056 |
2 | 71541 | 0.053 |
2 | 155730 | 0.052 |
1 | 19607 | 0.051 |
1 | 354489 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 110 | 1 |
0.061 | 476700 | 2 |
0.062 | 416669 | 3 |
0.064 | 3602 | 1 |
0.065 | 15000 | 1 |
Last trade - 15.34pm 17/07/2025 (20 minute delay) ? |
Featured News
AS1 (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Iggy Tan, Executive Chairman
Iggy Tan
Executive Chairman
SPONSORED BY The Market Online