Australia's largest stock trading and investment forum Australia's #1 stock forum

NRX

Click for more information

0.00%

1.3¢ noronex limited

They wouldn't be far off defining an economical resource.All I...

First 105 Last

Share
Profile

Follow
Crusaders95

549 Posts.

181

20/05/24

13:07

Post #: 73913286
Share

Originally posted by tobiasroy: ↑

Sandfire just cracked $10 and we are in the red but I guess there’s a big difference between producing copper with great returns compared to a $6m MC that can’t even get Dordabis over the line to have a few dollars to trying to prove up a resource. Is it a case of having too much ground to explore making it like finding a needle in a haystack with regards to identifying an economical resource to mine or value .

Expand

They wouldn't be far off defining an economical resource.

All I know is, the current enterprise value is significantly undervalued.

The proven resource is there; we are unlikely ever to be the ones to mine it - Most likely a bigger fish would take us out or a JV.

NRX Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 3 more messages in this thread...

First 105 Last

Add NRX (ASX) to my watchlist

(20min delay)
Last 1.3¢		Change 0.000(0.00%)		Mkt cap ! $6.353M

Open	High	Low	Value	Volume
1.3¢	1.3¢	1.3¢	$6.046K	465.0K

Buyers (Bids)

No.	Vol.	Price($)
1	70000	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	352377	1

View Market Depth

No.	Vol.	Price($)
1	70000	0.012
8	2685454	0.011
9	3583333	0.010
2	170000	0.009
3	724980	0.008

Price($)	Vol.	No.
0.013	352377	1
0.015	271428	2
0.016	754286	2
0.017	1036000	3
0.018	270000	3

Last trade - 15.36pm 11/06/2024 (20 minute delay)

NRX (ASX) Chart