Missing the point here - there is the potential to snap up a cheap (IMO / DYOR realistic 60c - looking a future potential, income & other leases) Co?
No - they have enough information currently to make an informed decision that this is a commercially viable prospect - with ONLY a potential to increase in size (Ie. there is no risk of downsize in resource)
So - if you look at this in a "antiquities" view - then the longer you leave the purchase, the higher the price.
It makes financial sense to look at the Co currently, before any further "exciting" news hits the market pushing the SP higher - therefore cost of purchase higher.
Geologists talk, MD's talk - even without the hard evidence, there is a great deal of promise (with a very small downsize) to this acreage...
This of course is not even talking into account our other leases in Keyna - which also look very good prospects.
All of course IMO / DYOR
Cheers
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Last
47.0¢ |
Change
-0.015(3.09%) |
Mkt cap ! $43.43M |
Open | High | Low | Value | Volume |
47.0¢ | 47.5¢ | 47.0¢ | $9.995K | 21.23K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 82233 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 32022 | 0.470 |
1 | 50000 | 0.465 |
1 | 50000 | 0.460 |
1 | 1822 | 0.450 |
1 | 3000 | 0.445 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 50000 | 1 |
0.485 | 50000 | 1 |
0.490 | 54000 | 2 |
0.510 | 100895 | 2 |
0.520 | 225286 | 3 |
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