how many ' penny dreadfuls ' do you know of that havent drilled a hole yet and have 500k ounce jorc gold reserve
at market cap 43m that very roughly equates to AUD $80 per ounce in ground. last time i looked the gold price was near US$680.
these deposits (Juno & nobles) are extremely close to infrastructure, approx 10km by sealed rd from town= low cappex
lets not forget any drilling sucess
IMO this stock is still significantly underpriced, will be thru 6c before the 1st drill hits the dirt
anythoughts
value
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Last
$2.77 |
Change
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Mkt cap ! $193.5M | |||
| Open | High | Low | Value | Volume |
| $2.74 | $2.78 | $2.62 | $52.50K | 19.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.78 | 708 | 1 |
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