I wouldn't buy this company even if it went under 1 cent.
Why?
Because it has nothing. Botswana exploration is all in vain. WA is all speculative. That's why this company should not be worth anymore than 1 - 1.5 cents.
I think the company only has $3 million in the bank. Please correct me if I am wrong.
The current market cap on having a few permits, inferred rubbish resource, proven uneconomic mining (it were to be given a mining permit - highly unlikely) and $3 million in the bank is outrageous at $28 million.
Should be a $10- $15 million market cap exploration company at best in my opinion. I think I've said this already earlier
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0.3¢ |
Change
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Mkt cap ! $7.107M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $1.903K | 634.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 75126843 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 13596760 | 21 |
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