At the end of the day , the gold is in the ground. The Mcphillamys project is a marquis project which is frankly not baked into the current share price. With 2 million ounce reserve alone for this new site, the stock is well and truly undervalued. Fair valuation is actually way closer to $3 (or higher) than $2. I heard that a 100k ounce project market cap should be around $400 million…. Well look at ours here
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 (20min delay)
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Last
$4.62 |
Change
-0.050(1.07%) |
Mkt cap ! $3.490B | |||
| Open | High | Low | Value | Volume |
| $4.60 | $4.65 | $4.53 | $14.31M | 3.110M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 15866 | $4.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.63 | 52259 | 4 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| RRL (ASX) Chart |