Very rare to see all the above components in a company with such good potential at this market cap indeed.
Potentially an investment that could wipe a fair few years off the back end of your retirement mate, I hope that's the case for you here!
I personally think we will go sideways/track upward to 8.5-10c range in anticipation for drilling the next 2 months, not fall lower, similar to March - May action.
Watch for a strong SP break out upwards on the morning of drilling permits being granted also - the way the market is currently pricing SHP is as if they think they wont get granted them which I think is very unlikely, I wouldn't be surprised to see SHP pop up strongly to $50-70M MC upon them being granted (15c per share)
I certainly wouldn't want to be waiting for a lower share price come that announcement, If the market reacts how hoped.
7.5c SP -> $1.11 SP Target (Largest Potash Deposit in West-Europe) $30M MC, page-34
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Last
2.3¢ |
Change
0.002(9.52%) |
Mkt cap ! $19.02M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.3¢ | $2.642K | 114.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 320000 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1230534 | 3 |
View Market Depth
| Last trade - 10.08am 10/05/2024 (20 minute delay) ? |
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Last
2.3¢ |
Change
0.002 ( 9.52 %) |
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| Open | High | Low | Volume | ||
| 2.3¢ | 2.3¢ | 2.3¢ | 131000 | ||
| Last updated 14.23pm 10/05/2024 ? | |||||
| SHP (ASX) Chart |