I have to respectfully disagree with you there Squidd.
I feel if the scoping study shows we have a profitable project within the realm of financial possibility the market will be forced to apply at least some nominal backing to the stock.
Right now we are at cash backing meaning both Mayoko and Badondo are essentially worthless in the eyes of the market. Obviously we all know this is not the case.
I think the real re-rating will come post financing of the operation, however I wouldn't be surprised to see a jump in price assuming the scoping study is as good as I hope.
I guess we will see tomorrow or Friday.
I have to respectfully disagree with you there Squidd.I feel if...
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Last
15.0¢ |
Change
0.015(11.1%) |
Mkt cap ! $19.71M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.5¢ | $27.43K | 185.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 89327 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 50000 | 1 |
View Market Depth
| Last trade - 10.09am 19/06/2025 (20 minute delay) ? |
| EQX (ASX) Chart |