It's interesting isn't it, as an investor that's the only thing that matters, the SP going up. While there may be a few invested for the chance at dividends in another 10 years, the vast majority have an interest in the SP rising.
Back when that was bandied about it was a possibility, but now it seems out of reach pending a small miracle or an overly excited gold sector. More likely, best we could hope for from this level is about a 5-10x, depending of course on the level of dilution from the IPO.
300M SOI @ $2.5 = 750M market cap. That's reasonable if we can get the PFS numbers to keep rising as the project progresses. That won't help the long term holders much if they still average above $1, but it is pretty enticing to new investors. We just need management to keep working toward realising a higher SP.
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19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $40.86M |
Open | High | Low | Value | Volume |
18.0¢ | 19.0¢ | 17.8¢ | $63.16K | 346.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7633 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 93561 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 88571 | 0.175 |
4 | 129650 | 0.170 |
1 | 3333 | 0.165 |
2 | 53125 | 0.160 |
3 | 134500 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 93561 | 1 |
0.200 | 5000 | 1 |
0.210 | 34516 | 4 |
0.220 | 6000 | 1 |
0.235 | 30000 | 1 |
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