The company is only worth $7m above its cash down here (fully diluted with 70m shares)
That is compelling value to anyone who cares.
This area will end up being a mine imo. The previous drilling showed a potential for north of 350,000 oz's without all the new potential along strike and at depth. That would give this a $20 per oz in ground value at this market cap. That is a fraction of the value of just about anything listed in Australia.
The monster holes are due next month from memory. That and other random potential should change our screens. dyor
Ann: First Drilling at Boundary Highlights Potential of Corridor, page-12
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Last
72.5¢ |
Change
0.040(5.84%) |
Mkt cap ! $161.9M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 73.0¢ | 69.0¢ | $2.190M | 3.064M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 33269 | 72.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 47086 | 5 |
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| Last trade - 11.59am 27/11/2024 (20 minute delay) ? |
| BC8 (ASX) Chart |
