Stumbled across this one yesterday.
Looks very very good -
- Near term production
- MC only $50Mil
- Low amount of shares on issue
- In Sweeden (no soverign risk)
- Drill results due any minute
- JORC resorce
- Potential to dramatically increase resource, through more drilling (that is currently happening at the moment)
Even if materials were to take a small decline (which i highly doubt) this is still undervalued.
Pretty happy to get some today at 25.5c, will look to add more if people sell their cap raise shares, if no selling takes place i will look to add shares significantly.
Also getting promoted by brokers -
http://www.theaustralian.com.au/business/mining-energy/copper-roars-back/story-e6frg9ex-1226006236038
strong open? blow 27.5?, page-32
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $34.54M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $36.15K | 3.853M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5860184 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 320000 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| STM (ASX) Chart |