This is massively undervalued. Paulsens looks like it will definitely have an extended mine life which the market has not factored in.
Tujut Bukit is HUGE.
From the update:
"Tujuh Bukit: world class copper-gold exploration project in Indonesia comparable with Batu Hijau (1Bt @ 0.4%Cu, 0.4g/tAu)"
Fair dinkuum, if they are correct and it's another "Batu Hijau", IAU will be a big multiple of the current share price once Tujut Bukit is given the go ahead.
iau update released
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Last
41.5¢ |
Change
-0.005(1.19%) |
Mkt cap ! $236.9M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.5¢ | 41.5¢ | $263.6K | 626.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 122421 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 16018 | 3 |
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| A1M (ASX) Chart |