TMX
$0.007, Cap $2.4 million, Cash $1.2 million, EV $1.2 million, drilling in WA
Most recent assays from project currently being drilled - 1m at 210g/t; 3m at 36g/t. 9m at 17g/t, 6m at 5.7g/t, 3m at 9.37g/t.
Also holds a JORC 490,000 ounce shallow resource close to area being drilled, profitable at current gold price, valued at $5 million, and count David Porter as chief geologist.
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CAV - does not own the project, still has to pay to purchase
$0.023, Cap $4.7 million, Cash $1.6 million, EV $ million, drilling in America
Most recent assays from project currently being drilled - 0.9m at 64g/t, 4m at 33g/t, 2m at 24 g/t, 23m at 4g/t, 24m at 3.4g/t, 10m at 4.6g/t.
Also holds a net production royalty of up to US$2 million in the Lambouka Oil and Gas project in Italy, which may arise from future commercial production.
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BGS
$0.01, Cap $8.7 million, Cash $1.2 million, EV $7.5 million, drilling in Africa
Most recent assays from project currently being drilled - 7m at 9.51g/t, 7m at 2.74g/t, 8m at 2.92 g/t, 8m at 2.98 g/t, 16m at 1.68 g/t.
Also holds the The Dankassa and Basawa projects, and count Sprott as an investor and a database access agreement with Randgold.
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TAR
$0.011, Cap $3.9 million, cash $0.7 million, EV $3.2 million, Drilling in Africa.
Most recent assays from project currently being drilled - 3m at 7.84 g/t, 1m at 7.8 g/t
Also holds the Kosser copper-gold porphyry project, and the SLAM gold project, and counts Frank Terranova as Chairman.
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Thoughts:
CAV, TAR and BGS all seem fairly valued at current share prices.
TMX should be valued slightly higher than TAR and CAV, and a little lower than BGS.
SO fair value for TMX, relative to CAV, TAR and BGS, would be about $6 million market cap, which equals 1.7c.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.298M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $30.56K | 10.18M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1638470 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 18878608 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1626988 | 0.004 |
15 | 7865082 | 0.003 |
7 | 6650000 | 0.002 |
5 | 7000499 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 5713460 | 7 |
0.006 | 4635726 | 4 |
0.007 | 7178725 | 8 |
0.008 | 4493067 | 6 |
0.009 | 623131 | 3 |
Last trade - 15.26pm 25/11/2024 (20 minute delay) ? |
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TMX (ASX) Chart |