Market cap of Greatlands is approx 60m pounds sterling, approx AUD$110m, which I believe is mainly due to the Havieron discovery at Paterson. Considering that ARV is adjacent and surround Havieron on three sides, we clearly have something that could be of very significant value. Especially as the ARV leases are almost double the size of Greatlands Havieron.
ARV market cap is AUD$37m Greatlands is AUD$110m
ARV potentially could have more value at Paterson than Greatlands, let alone the many other leases that look promising.
ARV has the only processing plant almost ready to go.
How can the current ARV market cap represent the true value of ARV notwithstanding the need for more capital. I hope that's a rhetorical question.
All IMHO and please DYOR...... crazy times. Lots of opportunities for the patient investor.
ARMADA AND HAVIERON, page-2
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.91M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $4.234K | 352.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1126543 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 450135 | 3 |
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| Last trade - 15.57pm 15/11/2024 (20 minute delay) ? |
| ARV (ASX) Chart |
