Initial valuation against its peers is at 28 cents with a lesser value if diluted for issues as I recall. This is based on only initial estimates so the price would multiply if they got the higher reserves they expect to get. Still dirt cheap at this level. Instos all over it on Friday, sucking in the day traders. Expect more overseas interest from here on. A lot of stock has been taken out of the market so should tighten it up a lot too.
carmichaels have put out the first research
Currently unlisted. Proposed listing date: 16 DECEMBER 2022 12:00 PM AEDT##
Add to My Watchlist
What is My Watchlist?