There is a big difference between resources and 1P reserves.
There is also a big capital investment to convert these new fields to sales. That often means big dilution for share holders.
That's not to say that the companies listed by Trader aren't excellent buys (I haven't researched them myself) but its a matter of risk vs return.
I think the risk:return ratio of AOK is excellent and getting better by the week.
I think there are a lot of small explorers with great stories and great potential, but more fail than succeed. I've been there enough times (and been disappointed) to know.
Its a matter of your investment profile. Its an apples and oranges comparison.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.833M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $21.46K | 7.155M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 20533665 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 10674288 | 5 |
Last trade - 13.35pm 15/11/2024 (20 minute delay) ? |
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