I know I've been saying it all along but that gap at 12c is more than achieveable, should finance be secured. That would put MSR at a mc of ~$45M, which would be reasonable on a peer basis for a fully funded, low cost project, with considerable scope to expand the resource ounces.
It might not get there in one leg-up, as those placement shares at 4c will create some overhang, but it should re-rate back to a more sizable mc as the project risks are eliminated. Gold pushing higher long term will be an added (and highly profitable) bonus.
Still think MSRO offers a significant opportunity with plenty of time to expiry and a very achievable exercise price.
- Forums
- ASX - By Stock
- TCG
- market cap will easily double upon finance
market cap will easily double upon finance , page-15
-
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TCG (ASX) to my watchlist
|
|||||
Last
23.5¢ |
Change
0.015(6.82%) |
Mkt cap ! $175.8M |
Open | High | Low | Value | Volume |
22.0¢ | 23.5¢ | 22.0¢ | $90.10K | 393.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 60931 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 57308 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 60931 | 0.230 |
1 | 31000 | 0.225 |
4 | 185991 | 0.220 |
1 | 88000 | 0.215 |
1 | 71428 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 57308 | 2 |
0.245 | 124845 | 2 |
0.250 | 31730 | 4 |
0.255 | 39219 | 1 |
0.260 | 100000 | 1 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
Featured News
TCG (ASX) Chart |