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
ARV seems to me way undervalued by simply looking at ARV...
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Last
1.3¢ |
Change
-0.002(13.3%) |
Mkt cap ! $22.93M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $25.50K | 1.827M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4537668 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 100797 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
1.4¢ |
Change
-0.002 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 1.3¢ | 1.4¢ | 1.3¢ | 145625 | ||
| Last updated 15.19pm 07/06/2024 ? | |||||
| ARV (ASX) Chart |