RNX 14.3% 0.6¢ renegade exploration limited

Mkt Cap $1.6m Cash $850k EV $750k JORC Zinc Deposit

  1. 22,120 Posts.
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    Hard to believe OVR sits with an EV of around $750k when it has a JORC Compliant Deposit of [email protected]% Zinc + Lead

    Closest peer comparison by Depsoit size and Grade was TRO which was taken over by HRR for $17.5m

    Of current listed peers EMX with its target is the next closest but it is only a target no JORC just a target but it also trades with a market cap around $15m with the big difference being that it is backed by Euroz and promoted heavily

    when OVR get off their behinds and start promoting this we should see many multiple of the current $1.6m market cap
 
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