ARV seems to me way undervalued by simply looking at ARV presentation in Feb 2023 if it is correct in its contents in the presentation.
Presentation provides:
1.CURRENT GREATER CARLOW MINERAL RESOURCE-704,000 Oz Eq. @ 2.5 g/t Au Eq.
As I'm writing this blog- Gold price is sitting well above USD 2,010 per OZ i.e. AUD2,895 Per OZ
see below:
See below some of the contents of the ARV presentation-
ARV Radio Hill plat itself is worth more than AUD 20 million which is more than the market capitalisation of ARV at present let alone 704,000 Oz Eq. @ 2.5 g/t Au Eq. resources at GREATER CARLOW
GLHA
Way undervalued
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1.2¢ |
Change
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Mkt cap ! $21.17M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $8.027K | 687.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 5949722 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 982391 | 1 |
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