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
$4.70 |
Change
0.080(1.73%) |
Mkt cap ! $3.550B | |||
| Open | High | Low | Value | Volume |
| $4.62 | $4.74 | $4.60 | $33.19M | 7.663M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21618 | $4.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.72 | 31315 | 4 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| RRL (ASX) Chart |