To be honest, if one is patient, this stock is a no-brainer at 29c. The fundamentals are too compelling for the market to ignore long term.
I think the catalyst for a re-rating will be some sort of deal regarding Tujut Bukit. That is a gorilla of a resource.
Reading that report also convinces me Paulsens has many years of production left in it. That should provide the funding for the Tujut Bukit feasibility.
iau update released, page-3
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Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $178.4M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 30.5¢ | $101.9K | 330.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 71776 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 7003 | 1 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| A1M (ASX) Chart |