Totally agree with you although $12 would be the low side with 5 million tonnes. The cash flow would allow a lot more aquisitions and further expansion following their drilling for further reserves. I would think over 5 years they would be heading closer to $30 a share.
Just hope the directors given their age don't sell out early. Wonder what Elliot would regard as fair value per share for his growing empire.
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Last
8.4¢ |
Change
-0.004(4.55%) |
Mkt cap ! $255.5M | |||
| Open | High | Low | Value | Volume |
| 8.8¢ | 8.9¢ | 7.5¢ | $484.4K | 5.835M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 106822 | 8.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 105911 | 3 |
View Market Depth
| Last trade - 11.51am 03/07/2025 (20 minute delay) ? |
| EWC (ASX) Chart |