Going back to the heading here, I think the robust discussions says it all.. No-one can really tell us the value of the resource, not even the company.. We should see this preliminary estimate in June/July 2021 and I presume this is then upgraded as they infill drill the different areas.
And my belief is the stock got a bit ahead of itself approaching $5 without a clearer resource definition on any of the dirt.
Having said that if their are major step-outs in the current drilling program or any exploration at Hartog, I think it re-rates again. Especially Hartog could be like finding a "super" Gonneville, then we are offer to the races.
Happy to hold my investment and even top up around 3.50..
Going back to the heading here, I think the robust discussions...
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Last
$1.14 |
Change
0.020(1.79%) |
Mkt cap ! $441.4M | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.15 | $1.12 | $3.158M | 2.794M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 20306 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.14 |
Change
0.020 ( 1.79 %) |
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| Open | High | Low | Volume | ||
| $1.12 | $1.15 | $1.12 | 762588 | ||
| Last updated 16.09pm 03/05/2024 ? | |||||
| CHN (ASX) Chart |