Ideally, we get the drill results we want, which would have the potential for a SP of $0.4 - $0.5.
After this, it would be amazing to get a BO offer, which would have to be around $0.6 - $0.7.
For this type of offer to be feasibly made, it would have to be made by whoever buys AZS, as they will have most of the infrastructure already needed on site.
Given we get excellent results, as we all hope for, one of the significant issues with a BO offer is that we have assets abroad, so we need to divest/joint venture those assets. Otherwise, an offer would be made for our land instead.
I am a long-term holder (Already sitting on 457.14% profit) and have a lot of faith in RDN, so I may have a biased opinion. All the above is speculation based on the perfect storm, so DYOR!
DYOR & GLTAH!!!!
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Last
2.3¢ |
Change
-0.002(8.00%) |
Mkt cap ! $65.25M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.3¢ | $177.2K | 7.512M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 550000 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 660991 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 2105997 | 0.023 |
11 | 3372915 | 0.022 |
8 | 2263333 | 0.021 |
5 | 770049 | 0.020 |
2 | 300000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 869510 | 7 |
0.025 | 2736085 | 5 |
0.026 | 1223897 | 6 |
0.027 | 805154 | 5 |
0.028 | 887562 | 3 |
Last trade - 13.04pm 25/07/2024 (20 minute delay) ? |
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