If you assume a profit of approx $400 AUD per ounce which is quite conservative, then this stock is very undervalued at the current market cap considering:
- a non-Jorc resource of 44,000
- extension drilling incl. 19m @ 10.87 g/t
- The EM survey SFR released and VTEM results pending for potential cooper/gold targets
- approx 170 Air core drilling results pending in the Hermes project
We have great geologists and a very prospective area.
I would have thought the market will make this the bottom somewhere here.
If you assume a profit of approx $400 AUD per ounce which is...
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.068M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $10.39K | 1.484M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1560826 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2806724 | 7 |
View Market Depth
| Last trade - 15.10pm 03/12/2024 (20 minute delay) ? |
| ALY (ASX) Chart |
