By way of comparison ... GOR market cap in June 2013 was a mere $13.6m including $8.9m cash. Almost identical to current MZM market cap of around $14m with about $8-9m in cash and securities.
Two years later, by June 2015 after discovering Gruyere, GOR market cap was $320m including $50m cash. This represents a (16 bag) share price movement from $0.03 to $0.48.
Lets hope MZM can find the big biscuit to move us from $0.20 to $3.20 but don't hold your breathe or put your house on it ... Its speculative, but with the gold price on the move I think there is significantly more upside than downside in MZM. my opinion only, do your own research.
Cheese and Biscuits
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Last
33.5¢ |
Change
0.005(1.52%) |
Mkt cap ! $73.67M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 35.0¢ | 32.0¢ | $191.1K | 569.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25000 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 15419 | 1 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| E25 (ASX) Chart |