I can't see any serious analysis of the revised figures, this is my take.
As per announcement
The updated production schedule shows a stable production profile for the seven yearsending 2030 averaging ~172,000oz of gold production per year at an expected all-insustaining cost basis under $1100/oz.
Presuming that $1100/oz means US$1100 if we take the gold price at US$1850 (currently US$1958) we have
172,000 x US$750 equals US$129,000,000 current conversion is AU$202,000,000
IMO that makes the current market cap of $402M well undervalued
I can't see any serious analysis of the revised figures, this is...
Add TIE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
67.5¢ |
Change
-0.005(0.74%) |
Mkt cap ! $769.0M | |||
| Open | High | Low | Value | Volume |
| 67.5¢ | 68.0¢ | 67.5¢ | $2.118M | 3.138M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 116235442 | 67.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.0¢ | 32184119 | 111 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
67.5¢ |
Change
-0.005 ( 0.37 %) |
||||
| Open | High | Low | Volume | ||
| 67.8¢ | 68.0¢ | 67.5¢ | 938003 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| TIE (ASX) Chart |