Hi Sarg,
I like to use graphs to compare possible dynamics of growth/time using similar mining companies, SFR and AMI are close to what is happening to PEX.
AMI moved from 20 cents to 60 cents from June 2017 to June 2018-giving it a factor of 3.
The number of shares is about 4 times less for PEX as compared to AMI-giving I a factor of 4.
Hera-Nymagee Project is comparable to what PEX has got at this stage.
It is a speculative look at our investment and a bit of fun but 3x4 is 12,give it 50 % discount for the unknowns=6
6x 50 cents=$3 per share for PEX in the next 12 months-at least.
I am now less enthusiastic about the take over soon, it possibly is such a rich deposit that it may be difficult to agree what it is worth for a while.
Cheers
Flawless
Hi Sarg, I like to use graphs to compare possible dynamics of...
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $61.01M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $2.967K | 28.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 167318 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 71666 | 1 |
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| Last trade - 14.37pm 14/08/2024 (20 minute delay) ? |
| PEX (ASX) Chart |