Couldn't agree more.
There are very very few "small cap" mining companies with $25m + in the bank if none at all. If so they would have apent many millions to date getting there.
Clearly quality and pedigree of resource deal are key going forward. I would have personally preferred something related to precious metal markets since I believe heat coming off iron ore/ coal and realted commodities.
we shall soon see i guess.
wouldn't argue with near term target of 7 cents. I think there are a lot of people in this stock originally at 2.5 cents who are looking for 10 cents to break even after the 1:4 consolidation previously.
Rgds
just looks good, page-17
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $14.01M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.6¢ | $75.72K | 4.501M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2822785 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 510000 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| CHM (ASX) Chart |