Valuation does look absurd at these levels but it's all well and good having massive scale, however without the grades the project could be uneconomical. This seems to be the opinion of the market given how it's valuing the stock.
Proving up massive tonnage doesn't necessarily make a mine.
Valuation does look absurd at these levels but it's all well and...
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Last
7.9¢ |
Change
-0.006(7.06%) |
Mkt cap ! $33.65M | |||
| Open | High | Low | Value | Volume |
| 8.8¢ | 9.0¢ | 7.9¢ | $71.09K | 857.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 32916 | 7.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.9¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.51pm 02/05/2024 (20 minute delay) ? |
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Last
7.9¢ |
Change
-0.006 ( 7.06 %) |
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| Open | High | Low | Volume | ||
| 8.8¢ | 8.8¢ | 7.9¢ | 347997 | ||
| Last updated 15.51pm 02/05/2024 ? | |||||
| TNC (ASX) Chart |