My understanding is the market should generally value the stock at 60% of the mines NPV once DFS completed and mine go ahead approved
60% of current estimated NPV of $300m puts share price at $1.20. Any increase to resource from drilling results adds to that. Also, the NPV estimate assumes commodity prices will be quite a bit less than what they actually are right now, so further upside opportunity there
With such good economics and good management... why wouldn't we get mine approval next year?
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- Boab Metals is powering ahead with plans to firm up its impressive Sorby Hills lead-silver-zinc project
My understanding is the market should generally value the stock...
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9.2¢ |
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0.001(1.10%) |
Mkt cap ! $21.23M |
Open | High | Low | Value | Volume |
9.2¢ | 9.2¢ | 9.2¢ | $4.821K | 52.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 56350 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.4¢ | 50385 | 1 |
View Market Depth
No. | Vol. | Price($) |
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3 | 56350 | 0.090 |
1 | 16853 | 0.089 |
1 | 75000 | 0.088 |
1 | 75000 | 0.087 |
1 | 50000 | 0.086 |
Price($) | Vol. | No. |
---|---|---|
0.094 | 50385 | 1 |
0.095 | 50000 | 1 |
0.096 | 7203 | 1 |
0.100 | 33124 | 3 |
0.105 | 115380 | 2 |
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