Good post Affect and the undervaluation atm is mind boggling.
MZZ run by one of Australia's most successful Gold developers Ian Murray and Geos Justin Osborne discovery of 6.6moz GOR mine, which propelled them to the GDX and a now billion dollar company.
Seems like the current JORC is getting no valuation at this stage, GOR team, tenement package and exploration commencing is worth the MC alone. Doesn't include 1.2moz, previous spend by Benton and all permits/SS up to this stage. Sellers are vanishing and seems like the register is finally ready to move in Q3.
Marathon is valued at circa 120aud in the ground. Huge valuation gap when permitting is at the same stage as MZZ.
GOLD veins, page-2
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Last
6.6¢ |
Change
-0.001(1.49%) |
Mkt cap ! $34.63M | |||
| Open | High | Low | Value | Volume |
| 6.8¢ | 6.8¢ | 6.6¢ | $13.17K | 197.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17255 | 6.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.7¢ | 56300 | 1 |
View Market Depth
| Last trade - 12.05pm 04/06/2024 (20 minute delay) ? |
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Last
6.6¢ |
Change
-0.001 ( 1.49 %) |
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| Open | High | Low | Volume | ||
| 6.6¢ | 6.7¢ | 6.6¢ | 49500 | ||
| Last updated 11.25am 04/06/2024 ? | |||||
| MZZ (ASX) Chart |