Ruthless sell off here, near 52 week low with a market cap now of $49m. Cash was $32m at Dec and they were expecting cashflow from the Iron Valley royalty, so with the expenditure on Carnegie say that nets off, we are looking at EV of $17m.
The market is saying that Buckland is worthless and will never be built and doesn't care for Carnegie atm, so we could drop further towards maybe 8 cents if this gets awful.
A good one to put in the bottom draw I think, management seem strong and have solid backing, just right now its value is being totally broken, wow.
Buckland Project, page-21
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Last
24.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $706.7M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 24.5¢ | 24.5¢ | $8.952K | 36.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 98365 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 236624 | 9 |
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| Last trade - 09.59am 04/07/2024 (20 minute delay) ? |
| BCI (ASX) Chart |