I had a brief look at the numbers when the IO mine was operating in 2014.
Based on the current IO market rate (up more than 30% since 2014) and US $ exchange rate (again 30% better than 2014), my understanding is mine is likely to generate EBITA of $5m annually. Has anyone done number crunching?
Market cap of $6m is simply a no-brainer here. This could be 5c in a blink of an eye. That's my opinion only.
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I had a brief look at the numbers when the IO mine was operating...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.715M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 55624796 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 6455089 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 55624796 | 0.002 |
13 | 17072507 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 6455089 | 10 |
0.004 | 7574899 | 8 |
0.005 | 5500900 | 6 |
0.006 | 1372000 | 2 |
0.007 | 2080004 | 3 |
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