If I were to purely speculate, I'd aim for a market capitalisation of approx $250m for starters in best case scenario. We are currently at a touch below $90m.
If next set of DD results come up trumps, then I would say look to $1.00 per share in the most extreme optimistic sense short term.
If lukewarm, as in good but not particularly special, maybe a range between $0.26 to $0.40.
If in some freak incident there happens to be a complete duster, look to $0.10 which is a little above the current approx cash balance equivalent MC.
Factors that give me great confidence:
- Good team with consistent lineup
- Great cash on balance at $20m
- Great targets currently being drilled based on prior good results.
Above are all purely speculation. All just IMO. Not financial, technical or any professional advice. DYOR.
If I were to purely speculate, I'd aim for a market...
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.45M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.5¢ | $27.63K | 126.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26612 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 37941 | 3 |
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| Last trade - 15.44pm 01/11/2024 (20 minute delay) ? |
| AGC (ASX) Chart |