At current gold price Miraflores' NPV must be around AUD200m (and rising as there will be more ounces added). So if we allow a moderate 25% of $200m in LCL valuation we already have $50m (and rising). This implies around only $25m in current mkt cap for an exceptional exploration package including an already quite spectacular discovery. No reason the mkt cap cant double in the next month or two IMHO. And if (when) exploration starts to deliver, then all sorts of delightful things will follow, particularly in the context of a surging gold price.
Set controls for the heart of the sun; arm cabin doors and cross check !
Zen
Miraflores value
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Last
1.2¢ |
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Mkt cap ! $11.46M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $34.68K | 2.890M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 473510 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1413690 | 3 |
View Market Depth
| Last trade - 15.29pm 26/04/2024 (20 minute delay) ? |
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Last
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.2¢ | 1.2¢ | 282251 | ||
| Last updated 11.21am 26/04/2024 ? | |||||
| LCL (ASX) Chart |