BMG bmg resources limited

Surely undervalued?

  1. 993 Posts.
    lightbulb Created with Sketch. 145
    New to this stock and trying to run the ruler across it.

    518k ounce maiden jorc at abercromby implied in situ value of $1.5 billion that will grow with further exploration.

    $750 million was sunk on developing the nearby Blackham/Wiluna fiasco but the metallurgy appears far more simple here?

    Other exploration assets in prime locations look promising too with drill results from Bullabulling imminent.

    No matter how you look at it the market cap surely should be mutliples above where it sits now?

    What is the problem here, i just dont get it?
 
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(20min delay)
Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $8.443M
Open High Low Value Volume
1.1¢ 1.2¢ 1.0¢ $166.1K 15.12M

Buyers (Bids)

No. Vol. Price($)
5 8776781 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 1030113 3
View Market Depth
Last trade - 16.10pm 07/08/2025 (20 minute delay) ?
BMG (ASX) Chart
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