theres a enough cash in the bank for a decent drill program to test this thing at depth, then a fair estimate of value can be made. with the high grade of high value elements reported from surface, i don't it will need a lot to tons to be a very valuable asset.
if the drilling demonstrates that the pegmatite continues to 50 - 100m depth then could this be a $100m mc? it is a much better location than wa1 so development will be cheaper and easier - like cha with julimar, this could rocket with a few good drill holes.
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codrus minerals limited
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3.8¢

theres a enough cash in the bank for a decent drill program to...
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Last
3.8¢ |
Change
-0.002(5.00%) |
Mkt cap ! $7.855M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.8¢ | $3.044K | 78.45K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 492136 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 206000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 492136 | 0.038 |
1 | 500000 | 0.037 |
1 | 11705 | 0.036 |
1 | 110000 | 0.035 |
1 | 200000 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 206000 | 2 |
0.042 | 195016 | 3 |
0.043 | 10000 | 1 |
0.051 | 172001 | 2 |
0.052 | 404231 | 2 |
Last trade - 12.35pm 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online