Yeah the 500k shares at $.0001 was pretty laughable - valued the whole company at $400k - but in all seriousness back in May they had nothing to offer and would have been unlikely to raise at much higher by going to market (I guess they could have got $.0002) . The earlier results which came after that raising, and then these latest results are interesting and justify a higher market cap - say maybe in the $3m to $5m range?, but I don't think $8m just yet so not too thrilled about getting a (small) holding at .002.
If they can prove up a bit of strike length and another drill hole or two down below this level showing continuation of grade and width at depth then its looking pretty interesting.
Yeah the 500k shares at $.0001 was pretty laughable - valued the...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BLZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.142M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 400000 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1628565 | 4 |
View Market Depth
| Last trade - 09.49am 04/12/2024 (20 minute delay) ? |
| BLZ (ASX) Chart |
Day chart unavailable
