I can't see why you think this is a "big call". I'm not making a speculative prediction based on optimistic numbers or similar, its just a comparison of the stated gold production/reserves of both companies and their current market caps. Its a fact that the market now values CMM at $1 billion, so it would seem very likely that the market would value CAI similarly if it generates similar gold output after production starts. Of course the market is unpredictable and investors are irrational, so it could end up being the case that CAI attains a market cap 1/3 of CMM, (or even 3x CMM), but those scenarios would seem unlikely.
All IMHO, DYOR
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I can't see why you think this is a "big call". I'm not making a...
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $89.60M |
Open | High | Low | Value | Volume |
11.5¢ | 11.5¢ | 10.5¢ | $131.6K | 1.216M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 1920329 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 286252 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 1920329 | 0.105 |
25 | 1918250 | 0.100 |
4 | 64001 | 0.096 |
2 | 595000 | 0.095 |
1 | 100000 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 286252 | 3 |
0.115 | 515940 | 5 |
0.120 | 694945 | 11 |
0.125 | 633543 | 9 |
0.130 | 618243 | 9 |
Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
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