The key for me is for a suitor with deeper pockets the upside is even greater . A bit of drilling could easily increase the reserve 30-40% placing a 1 b pre tax NPV.
I think it has plenty to run from here and ofcourse after a while the higher price means we enter into a virtuous cycle where funding to drill Heemskirk out becomes less dilutive
2.5 c plus this week a distinct possibility
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Eye watering current Spot NPV numbers, page-4
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $33.27M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 165000 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 1225000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.017 |
2 | 794763 | 0.016 |
4 | 2366666 | 0.015 |
6 | 1932856 | 0.014 |
4 | 1194002 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 225000 | 2 |
0.017 | 226315 | 3 |
0.018 | 200000 | 1 |
0.019 | 1825110 | 5 |
0.020 | 2312029 | 3 |
Last trade - 10.06am 04/09/2024 (20 minute delay) ? |
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