However, that said, the 7:1 valuation ratio with Ardea should be a screaming anomaly for every person following this sector. All indicators are CLQ is the better project, their economics look better, especially in terms of scale and cost [to be confirmed by their upcoming DFS]. My own analysis concludes a 3.5:1 ratio is more rational, which to me means Ardea would need to double to realize a more reasonable relative valuation to CLQ. I expect ARRRF to hit 3 about the time CTEQF hits 2.
However, that said, the 7:1 valuation ratio with Ardea should be...
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Last
41.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.99M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.0¢ | 39.0¢ | $2.556K | 6.378K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 561 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 2908 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| SRL (ASX) Chart |