Hi Crem
Thanks... of course you'd never get the SP at $20 today, because as you say it never matches dollar for dollar because of risk factors etc. However, I let $500m aside for costs over 10 years. ARD or Argent Minerals is a silver explorer in NSW. US Nickel tried to take it over a few months ago, but they did a deal with share and asset swaps. Anyway, this has been said to be the most undervalued silver explorer in Oz. So mining silver should cost it about $10/oz. Let's knock off another billion @ for plant and other costs, and the SP should still be $10!
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Last
2.5¢ |
Change
0.002(8.70%) |
Mkt cap ! $36.15M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.5¢ | 2.4¢ | $142.9K | 5.793M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1260472 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 164267 | 2 |
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| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| ARD (ASX) Chart |