All valuations of this type when comparing to CHN and ADN are null and void until the drill bit shows otherwise. ADN/CHN have drilled and found, with the market also believing what has been found is likely to be a viable mine which is an important point to SP growth there.
At the moment, OAR's market cap is around potential. If the drill bit comes in our favour we will all be happy. Ultimately potential gets you so far, drilling is the next leg up that either confirms potential or not. Hoping we start off well with positive Nevada results.
When comparing, also best to use market capitalisation than SP of peers (as shares on issue differ between entities)
All IMO
OAR Predictions, page-1241
-
- There are more pages in this discussion • 672 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.601M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $576 | 287.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 95 | 276106864 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 48226580 | 26 |
View Market Depth
| Last trade - 12.27pm 13/11/2024 (20 minute delay) ? |
| OAR (ASX) Chart |