Using the metric of $5m/MT for the 300MT that cic got into up the road from selenge, if we have a jorc target in the 30-60MT range we could be looking around the $150-300million market cap range. That's a multi in my books.
Lets not get too excited though. Still need a jorc and target out first, but my hopes are that we end up well north of here.
I think for now buyers will be looking for supplygiven the scant amount of selling and clear upside, imo.
SF
Using the metric of $5m/MT for the 300MT that cic got into up...
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.954M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45000 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 19978 | 2 |
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| Last trade - 10.30am 01/10/2024 (20 minute delay) ? |
| HAR (ASX) Chart |
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