"I note that back then the sp was many multiples of its current value."
Those numbers are interesting.
In 2014 there were 148m shares and the share price was >70c with a market cap of circa $110m
$10m was raised in 2015 and the recent notes and options raised another $10m
So if all things were equal we should have a market cap in excess of $130m which is 22.5 cents a share
Which seems to be what the giant pit (which is what it was about in 2014)on a stand alone basis is going to produce in nett cash.
Its pretty obvious that mining will continue and that the PHES has a pretty substantial value so why is the share price < 10cents ????
"I note that back then the sp was many multiples of its current...
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5.4¢ |
Change
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Mkt cap ! $108.9M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.4¢ | $75.96K | 1.393M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1472431 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 793830 | 1 |
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