No offence to shimmer or HC traders for that matter but if you're equating EUC / MEI success to that- which you seem to elude to, I think you put way too much credit in this forum.
MEI is at about $38m MC fully diluted today, and SP was "gangbusters" because BMR has examples of over 10% grade cobalt / MEI has samples of those grades as well. And they are right next to each other. (Don't forget midrim too)
EUC channel samples and sulphides have 5%+ cobalt grades + waste dumps so far. (Don't forget the fantastic nickel present as well).
If you want to talk about overvalued market cap, look at the Australian cobalt plays with sub .2% grade cobalt and the need for massive capex in order to mine and process - trading at multiple 100's of millions. EUC and MEI economics are multiple factors better. EUC - $200m mc and MEI - $38m mc. Nah I think they are priced well at the moment. Especially considering the massive upside.
- Forums
- ASX - By Stock
- ASO
- Chart
Chart, page-146
-
- There are more pages in this discussion • 147 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ASO (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.65M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $110 | 11.64K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 4230073 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 345000 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 4130073 | 0.009 |
15 | 5094374 | 0.008 |
7 | 1650713 | 0.007 |
2 | 310000 | 0.006 |
5 | 1882000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 345000 | 4 |
0.011 | 1218133 | 6 |
0.012 | 616750 | 2 |
0.013 | 820383 | 3 |
0.014 | 231818 | 2 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
Featured News
ASO (ASX) Chart |