Lots of people pumping market cap comparisons for companies with no resources and years from mining. Some really sketchy comparisons of Halloysite grades.
For new investors - whatever the resource - focus on companies with JORC resources, then do peer comparisons to work out what is overvalued and what is undervalued. It’s the lower risk approach.
Also - Nearology comparisons to ADN’s Mt Hope should only be against 10-15% of ADN’s market cap ( because Mt Hope is only about 15% of ADN’s current Halloysite resources ).
General comments/chat, page-13326
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0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $24.00M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $10.00K | 1.312M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 61 | 28008736 | 0.7¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 3800000 | 5 |
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