If, as just one example, CDV can go to $220m on a 4m oz resource with difficult metallurgy and no PFS, why would you be concerned? You could make 5-10 times your money on this at current price just on resource definition.
In my experience, feasibility studies and beyond are often where most of the exploration gains seem to be lost anyhow. Let 'em drill it out for at least another year or two, build a monster, and do whatever they want with it. Surely anyone buying now isnt going to be upset with their ROI, especially if all they do is accept a take-over offer at premium from the likes of evolution.
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If, as just one example, CDV can go to $220m on a 4m oz resource...
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.59M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.2¢ | $1.1K | 50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 75070 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 1313 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 75070 | 0.020 |
1 | 52600 | 0.019 |
3 | 1012175 | 0.018 |
1 | 1200 | 0.016 |
1 | 1300 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 1313 | 1 |
0.035 | 170551 | 2 |
0.038 | 808745 | 2 |
0.042 | 50000 | 1 |
0.043 | 110774 | 1 |
Last trade - 10.15am 29/03/2024 (20 minute delay) ? |
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