Yes. This is the potential which we will move closer to as things progress: i:e; more indicated ounces, completion of environmental studies, mining permits, pfs... and how much more do we need to spend before we get there?
Don't get me wrong. I agree with you, i'm thinking it's 12-18 months and $20 to $30m at which point our market cap should be at 1/3 to 1/2 of that indicated NPV.
The only time our market cap will equal the NPV is when the mine is funded, built and operating. Till then there will always be a risk factor priced in.
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Yes. This is the potential which we will move closer to as...
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $40.86M |
Open | High | Low | Value | Volume |
18.0¢ | 19.0¢ | 17.8¢ | $63.16K | 346.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7633 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 93561 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7633 | 0.180 |
3 | 88571 | 0.175 |
4 | 129650 | 0.170 |
1 | 3333 | 0.165 |
2 | 53125 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 93561 | 1 |
0.200 | 5000 | 1 |
0.210 | 34516 | 4 |
0.220 | 6000 | 1 |
0.235 | 30000 | 1 |
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