Very much a green horn in the share market, love what I see with ABU. Very interested in learning as much as I can and did some work on how to value the potential of this company.Would be interested in what you may think about the following.
Based on their hope of finding 5mill oz AU in reserves then x say a gold price of $1500oz should give a potential market cap of approx 1.5 bill.
So if current mkt cap is 92mill we are looking at a potential return of approx: 1500%.
Seems to good to be true, love to hear what you think.
leverage through exploration and pog, page-108
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.235M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $846 | 423.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 74523422 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 4181933 | 2 |
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| Last trade - 15.58pm 27/09/2024 (20 minute delay) ? |
| PRX (ASX) Chart |