generally companies are usually valued around 1/10th of their resources, even explorers, whether it will be mined or not.
TMR is at an added advantage as it already has one mine operating and a cashflow.
my calcs just show the potential of movement that TMR has, if it was to be valued similar to its peers.
calculations, page-6
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.092M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $17.69K | 5.899M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 17924166 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 1308000 | 2 |
View Market Depth
| Last trade - 13.41pm 10/09/2024 (20 minute delay) ? |
| SMM (ASX) Chart |