ACP 0.00% 2.0¢ audalia resources limited

NPV $178mMC $10mThis is currently trading at an enormous...

  1. 1,350 Posts.
    lightbulb Created with Sketch. 163
    NPV $178m

    MC $10m

    This is currently trading at an enormous discount to NPV. I concede that most Pre-Feasibility Studies do not work and rarely advance to a financial investment decision.

    Proposed development of the Medcalf Project is still up for consideration by the EPA.

    Company has also recently appointed a new director who has finance and corporate background. Could be a CR coming soon.

    So I see the short term milestones as follows:

    - Funding, significant enough to see the Company through 12 months
    - EPA backing/approval
    - DFS (Honing in more on the economic feasibility of Medcalf)

    Wolf
 
watchlist Created with Sketch. Add ACP (ASX) to my watchlist
(20min delay)
Last
2.0¢
Change
0.000(0.00%)
Mkt cap ! $13.84M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 300000 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 50000 1
View Market Depth
Last trade - 16.12pm 17/05/2024 (20 minute delay) ?
ACP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.