I reckon CLZ with a market cap of $3.3 Million is seriously undervalued. Appears to be oversold and I have been buying.
The Kat Gap, Lady Ada and Lady Magdalene Gold deposits have a combined JORC 2012 gold Resource of 403,900 ozAt $50 an ounce this is $20.2 Million (current gold price is $2500 an ounce), this is without adding exploration potential and mining approvals being in place for Kat Gap .
None of this is investment advice
I reckon CLZ with a market cap of $3.3 Million is seriously...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.102M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $43.94K | 21.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 67 | 70201275 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 34216726 | 12 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CLZ (ASX) Chart |