Yesterdays ASX trading did contrast against MRQ fundamentals.
Management has always been meticulous in informing the market
Yes Xmas did get in the way, but Santa was busy gifting others.
IMO tge integrity of MRQ management remains unassailed.
Yesterdays results were on target.
Batch 3&4 will further underline this.
I am yet to hear from the Nay Sayers where they believe true market SP should rest at present.
all to their own perception of value,
i certainly am not building into my valuation what may be value in 5 years.
The USA 2020 election results will determine that.
In the meantime does MRQ deliver potential... YES
does MRQ have enormous potential under foot.... YES
does MRQ fail to deliver on estimated yields..... NO
does MRQ have specified target areas to maximise mining results....not as yet
do share releases recognise the value of the acquisition.... no, but those shares to be issued anon will be held until real market value is reached.
does the location cause concern.... maybe, later in mine life, far out from todays Npv, a country government that is very supportive of development ( yes lets contrast against an OZ outback competitor who has no neighbours and no govt support.
i could extend this to be a multi page essay but am off to cook tea.
Good luck to all holders today, and sorry to those that sell
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.134M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $7.2K | 2.4M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 18459200 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 54189516 | 32 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 18459200 | 0.003 |
30 | 35544976 | 0.002 |
25 | 36085106 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 20922154 | 31 |
0.005 | 44127362 | 12 |
0.006 | 7486250 | 9 |
0.007 | 5484000 | 7 |
0.008 | 5188095 | 6 |
Last trade - 10.04am 18/09/2024 (20 minute delay) ? |
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