New investor:
I am just wondering how a market cap of $800M can be maintained (or even increased as many here hope), on a project with a projected NPV of $407M.
Yes, we have $100M cash in the bank, and ever-expanding reserves to bolster the DFS, and increasing spot prices...
but what am I missing? Where is the support for proposed $1 share price (did I even read someone suggest $10??)
Thanks for your comments.
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Last
$1.71 |
Change
0.135(8.57%) |
Mkt cap ! $5.502B | |||
| Open | High | Low | Value | Volume |
| $1.67 | $1.73 | $1.63 | $146.9M | 86.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 95209 | $1.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.71 | 270706 | 3 |
View Market Depth
| Last trade - 16.19pm 18/07/2025 (20 minute delay) ? |
| PLS (ASX) Chart |