IMO this is now at a sensible market cap to consider a purchase.
It does not look like a large body of mineralization (with the caveat there is a LOT more drillholes required), but from my reading on similar deposits they often occur in clusters. They have a lot of ground which is relatively underexplored.
Forget the large round numbers (30c, 50 c, even $1 (joke)) being thrown around - it's garbage, and hopefully the CEO will tone down the hyperbole in his media appearances.
Don't hold yet but these levels looking hard at it.
ESR General Chat, page-73
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $29.88M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $21.89K | 1.368M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1718152 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 100000 | 1 |
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| Last trade - 11.27am 07/11/2024 (20 minute delay) ? |
| ESR (ASX) Chart |