Careful here.
Current Market cap around $120M(40c)
80c would put it at $240M.
Gotta ask yourself is the market THAT bullish on thermal coal to put such a company valuation on a NON JORC'd eventual INFERRED resource number.
I see it opened AND finished around the 30% D&D sheeple buy advice.
The Doc also says watch for some of those EVE shares to be dropped.
VERY interesting BUT theres still some goodly risk involved here and the Doc says as much too!
d.
re-rating to 80c ?, page-6
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $11.54M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $24.5K | 3.062M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2317341 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1908623 | 3 |
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| Last trade - 10.16am 08/08/2024 (20 minute delay) ? |
| ALM (ASX) Chart |