Great question Fitz ... ... most of the money in these small cap...

  1. 2,306 Posts.
    Great question Fitz ...

    ... most of the money in these small cap stocks is made in the ' discovery ' of the resource ...

    .. and most are not equipped to move forward to development as it requires a totally different skill set, personnel and of course capital .... be it a JV .. takeover ... or a total company restructure to move forward..

    According to Steven Michael of SEG ... several new discoveries in the area would lead to the area becoming a ' Province ' rather than ' Camps ' ...

    ... the implications of the area would becoming a ' Province would be mind blowing ... and most likely lure a large player such as Vale to buy in big time into the area ..... and the benefits associated with a highly capitalised major coming in ....
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
watchlist Created with Sketch. Add AMD (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $26.34M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $1.625K 800K

Buyers (Bids)

No. Vol. Price($)
167 283336024 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 147399714 31
View Market Depth
Last trade - 12.19pm 05/07/2024 (20 minute delay) ?
AMD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.