Company is trading at a seriously low EV considering the tenements they have,
Yes there's some meh tenements near Archer which aren't so exciting, but we've seen worse like Forestannia, and recently WSR with their meh olga rocks "pegmatite hit' rally. So begs the question why this is so neglected.
Guess people still have a bad taste from the Zinc failure, but, considering how badly zinc prices have collapsed, they bailed at the right time in hindsight!
I mean they are on trend to Wodgina, and in the right geology for high potential.
EV CALC Below.
8.2M MC
166k Cash (at last Quarterly)
$2.271M USD (taking $0.68 conversion rate = $3.33M AUD)
+
11.4 Million Impact Silver Shares (@ 30 canadian cents (assume exchange rate of 1.12)) = 11,400,000*0.3*1.12 or $3.83M AUD Value
Total Calc
8.2-0.166-2.271-3.83 = $1.933M EV
However this is pre-quarterly corporate burn so likely to be about 2.25M EV at this price.
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.584M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $1.416K | 128.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1096031 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 727618 | 3 |
View Market Depth
| Last trade - 12.57pm 13/08/2025 (20 minute delay) ? |
| YAR (ASX) Chart |