Mr Market must be planing for less then $1,450 oz gold for next 2 years and $1,250 longer run, i figure.
I've seen NCM valued at $32 per share with these gold number. perhaps Mr Market expects even less.
Mr Market is also thinking everything invested in upgrading the big mine is money down the toilet.
My portfio is:44% rsg, 13% OGC, 8%PXG........ and of last week 1.3% NCM
back of the envelope, page-2
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Last
70.5¢ |
Change
-0.005(0.70%) |
Mkt cap ! $1.500B | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 69.0¢ | $9.005M | 12.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 151500 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.5¢ | 99995 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RSG (ASX) Chart |