Your best example is looking at:
AJM - about 1-2 years looking to start next year
KDR - about a 1+ year (but using someone else's processing plant for off take) and looking to build their own later
but the share price on these reach their highs even way before they even produce anything ...
But IMO just a proven resource will send the SP skyrocketing and holders can be handsomely rewarded.
longer terms holders can be handsomely reward again after that if its a company maker stuff!
We could have a proven resource (JORC) by Mid next year IMO or latest Q3 2017 with an off take agreement by then.
SP could be 50-60c at that time!
If so then $100K investment will = $700,000
Lets hope so! GLTAH
CXO Chart, page-177
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $352.5M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.5¢ | 15.0¢ | $4.670M | 28.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1230423 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 5304233 | 39 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
16.3¢ |
Change
0.010 ( 5.59 %) |
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| Open | High | Low | Volume | ||
| 15.3¢ | 16.5¢ | 15.0¢ | 7806096 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| CXO (ASX) Chart |