Well we are going from the sublime to the ridiculous on this stock....
TAR now trading at 1/3 the value of both WFE and EUC.
The market really doesn't know how to value TAR thats for certain.
TAR - MC = $23 Million with 7 tenements all highly prospective for high grade Cobalt situated next to the 2nd largest Cobalt deposit in the world ( KCC 400.000 tonne). I firmly believe Klaus Eckhof found us the best high grade Cobalt ground available in DRC currently!
WFE - MC = $64 Million and has agreement with Airguide as Strategic Advisor to tie down off take agreements of Cobalt once they secure a 'mine ready Cobalt play' in DRC ( if they can find one better than TAR).
EUC - MC = $69 Million and underground drilling currently underway at their Ni-Co play in Slovakia.
So WFE effectively have no tenements and an agreement with Airguide to fast track off take agreements in Asia once they do eventually find a suitable Cobalt play in DRC, yet their MC is triple that of TAR who have 7 Cobalt tenements all showing potential to contain high grade Cobalt and some Copper situated right next door to one of the largest Copper/Cobalt mines in the world with infrastructure in place and the market still can't value TAR realistically. We are only 2 weeks away from niton assay results being released, yet the share price has dropped 35% in the last month.
EUC has $19 Million cash in the bank , so even if you take that away, their MC is still double that of TAR and whilst they have an existing historical high grade Ni-Co mine to work with, theres no proof that they will find a commercially viable resource that warrants their current MC. EUC ran up to a $250 Million MC on hype last year only to collapse when drilling failed to find worthwhile Nickel or Cobalt.
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Well we are going from the sublime to the ridiculous on this...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.648M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 4134848 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.1¢ | 249009 | 2 |
View Market Depth
No. | Vol. | Price($) |
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3 | 2601223 | 0.008 |
13 | 3205738 | 0.007 |
11 | 1655817 | 0.006 |
4 | 3917980 | 0.005 |
6 | 3676292 | 0.004 |
Price($) | Vol. | No. |
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0.009 | 883175 | 1 |
0.010 | 422125 | 4 |
0.011 | 309002 | 1 |
0.012 | 492825 | 1 |
0.013 | 795743 | 1 |
Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
TAR (ASX) Chart |
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