Weatherbygirl,
This is what is so frustrating about this stock. It has one of the best rare crystaline magnetite ores in the world and it has been de-risked over the last year with only the funding confirmation stopping it from being a real producer. Mcap $45mill.
Yet Padbury in a JV with Aurium announce the mapping of haematite mineralisation with a 20-28mill tonne target, with some rock chip samples and Padbury have now over $50mill M.cap and Aurium will approach $30mill M.Cap.
I am not knocking their discovery, only that IFE has a DFS, a production date end of the year, an actual JORC resource and reserves from drilling, yet we are suppose to have a comparable M.Cap to companies with no iron ore resource defined.
I know these companies may have other irons in the fire to add to their M.Cap, however what IFE has is worth more than a M.cap of $45mill and then add Hercules deposit.
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Weatherbygirl,This is what is so frustrating about this stock....
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.15M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $2.789K | 697.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 111186 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.5¢ | 10981283 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 111186 | 0.004 |
11 | 15999134 | 0.003 |
12 | 11607559 | 0.002 |
8 | 13083888 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 10981283 | 16 |
0.006 | 8784167 | 7 |
0.007 | 1110400 | 3 |
0.008 | 4960706 | 9 |
0.009 | 1643088 | 6 |
Last trade - 12.37pm 26/08/2024 (20 minute delay) ? |
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