The best re-rates occur when there has been a slow process to execute the necessary catalysts.
Impatient sellers = price driven lower
Capital raising = cashed up
Ready to execute drilling targets = rerate as drills gather momentum
13m MC for equivalent cash at disposal including Barricks
there are always those who want it yesterday .
But a look at what these guys are onto is a large regional opportunity where the right amount of time necessary to prioritise targets .
A large cake and where to start biting into.
13 m MC
Barrick JV
Blink and these opportunities can disappear .
Plenty of goldies at this or greater price with very poorer prospects .
If similar to Historic drills were Ann tomorrow where would this get to ?
Perhaps they should just step out drill from each of those to replicate / extend the line of.
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.20M |
Open | High | Low | Value | Volume |
3.2¢ | 3.3¢ | 3.2¢ | $18.16K | 566.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 251384 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 35000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300000 | 0.016 |
2 | 536507 | 0.015 |
1 | 150000 | 0.014 |
4 | 564614 | 0.013 |
3 | 203500 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 40000 | 1 |
0.019 | 13276 | 1 |
0.020 | 209964 | 2 |
0.025 | 136456 | 2 |
0.026 | 5780 | 1 |
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