Hi folks
@snakepitt - I had a stab at this with PGO earlier in the year when the EV was $55M. If we say the market cap is now 35M and you minus around 4 million for cash on hand, then the rough Enterprise Value is 31M.
The current JORC is 1.45 moz so the cost of each OZ is $28. The average for Oz gold producers is around $120 Oz. I have found a figure for WPG in 2016 which was around $28-30 per oz but not sure how other small near term producers might compare. Still need to fund capex and start up but that is a very good figure IMHO.
cheers
ece
Hi folks @snakepitt - I had a stab at this with PGO earlier in...
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $13.04M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.5¢ | $20.08K | 129.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1471 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 20000 | 1 |
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| Last trade - 15.11pm 03/05/2024 (20 minute delay) ? |
| PGO (ASX) Chart |