I suspect that NIA is running some numbers on this. It is a matter of time before RMI's true value revealed. Just have a look around.
1. Over a year ago, when nickel is at $20k/t, Weda Bay deposit was sold for $300m. Wada Bay is in Indonesia, with similar grad and size of nickel deposit;
2. MLX's Wingellina is smaller than WOWO Gap, MLX is a $400m company, with some tin project. It's nickel project is valued at least $200m.
3. Take a very conservative approach, the WOWO Gap is valued at least $100m, translated into share price at 20c.
The current price is seriously undervalued. Just a matter of time before someone is moving on this.
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I suspect that NIA is running some numbers on this. It is a...
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Last
1.6¢ |
Change
-0.002(11.1%) |
Mkt cap ! $10.43M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.6¢ | $1.127K | 70.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 48234 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 109710 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 48234 | 0.016 |
3 | 328908 | 0.015 |
2 | 201038 | 0.014 |
1 | 64383 | 0.008 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 109710 | 2 |
0.019 | 52632 | 1 |
0.020 | 137280 | 1 |
0.022 | 78947 | 1 |
0.023 | 9000 | 1 |
Last trade - 10.07am 23/07/2024 (20 minute delay) ? |
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