It's a good thing I don't really care what people think simpleone
Let me tell you a story about tulip mania. It was the first recorded speculative bubble in history or as we prefer to call them now - a pump and dump - only 17th century style.
The term tulip mania is used metaphorically to refer to any large economic bubble when asset prices deviate from intrinsic values
In terms of intrinsic value - you really have to ask yourself if SXG's intrinsic value is worth almost $175 million
and if it's not - what is it really worth.....instrinsically !
What words of wisdom for the holders of NAG have you got ?
I think NAG is worth more than SXG...intrinsically.
It has a JORC on the way soon
It has a mining licence
It has approval for a toll mill
It has 3300 sq klm of EL in central Victoria which also boasts mines like Fosterville and Costefield
It has higher average gold and antimony grades than SXG at a shallow depth
It doesn't have PASS which is also something we never had before
Does that answer your question Tulipboy
It's a good thing I don't really care what people think...
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Last
$2.84 |
Change
0.040(1.43%) |
Mkt cap ! $549.5M | |||
| Open | High | Low | Value | Volume |
| $2.82 | $2.91 | $2.79 | $1.029M | 364.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1611 | $2.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.83 | 2500 | 1 |
View Market Depth
| Last trade - 15.28pm 06/06/2024 (20 minute delay) ? |
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Last
$2.82 |
Change
0.040 ( 0.42 %) |
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| Open | High | Low | Volume | ||
| $2.87 | $2.88 | $2.79 | 19162 | ||
| Last updated 15.48pm 06/06/2024 ? | |||||
| SXG (ASX) Chart |