Yes, it is significantly undervalued; and your valuation is only for the CSG component of the resource. Hopefully we can get the drill rig going and prove up some conventional reserves shortly. A 4 bagger on a base case scenario not taking into account what could be a very large conventional resource. Let's hope it responds accordingly now the green light is on.
valuation, page-3
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Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $5.790M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $754 | 188.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 12765502 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 14531096 | 12 |
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| Last trade - 12.37pm 30/08/2024 (20 minute delay) ? |
| MEL (ASX) Chart |