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7.14%

6.0¢ terra metals limited

Overvalued compared with what? It has an EV under $10m and...

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Donniemac

809 Posts.

121

26/03/24

19:10

Post #: 73070012
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Originally posted by bruham: ↑

Over valued at this price due only to rock samples.
The drilling results will tell the possible value.

Look at the tenement imagery where the high values are right near the ,
BHP/GCX tenement border at the top of the tenements.

I have been through a dozen odd copper plays and not one has met the
criteria I set for an entry.

Thickness, grade and tonnage equal profitability.

Maybe HGO (producing), or NWC, but it is still a guess.
Good luck, still sniffing around.

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Overvalued compared with what?

It has an EV under $10m and drilling currently underway.

What similar stocks is it overvalued compared with?

How can you know thickness, grade and tonnage when they've only collected rock chips?

Cheers,

DMac

GCX Price at posting: 5.1¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 6.0¢		Change 0.004(7.14%)		Mkt cap ! $17.74M

Open	High	Low	Value	Volume
5.8¢	6.0¢	5.8¢	$23.27K	388.6K

Buyers (Bids)

No.	Vol.	Price($)
1	9000	5.7¢

Sellers (Offers)

Price($)	Vol.	No.
6.0¢	205863	1

View Market Depth

No.	Vol.	Price($)
1	9000	0.057
2	142286	0.056
1	250000	0.055
1	550000	0.053
1	43596	0.052

Price($)	Vol.	No.
0.060	205863	1
0.062	22469	2
0.065	193654	2
0.066	150000	1
0.068	150000	1

Last trade - 12.59pm 10/05/2024 (20 minute delay)

TM1 (ASX) Chart