Golf,
I am an avid fan of mgmt etc and while I appreciate the fact that production is a long way off, assets as they stand as of today's value do not relate in any way to a SP just managing to keep it's head above $5.
Even at half the market price and assuming mid-lower range for a fire sale, we would be around 7.
80% of my holding is in KAR, mgmt have an impeccable strike rate off 2 continents.
The SP does not reflect any of these facts.
Plus, Kar to my understanding is an expert explorer, I am not counting on them bringing these assets to production in 5 years or beyond.
Prove up the find, sell it and find another maiden spot and do the same.
compute, page-66
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Last
$1.53 |
Change
-0.075(4.67%) |
Mkt cap ! $1.192B | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.57 | $1.52 | $12.45M | 8.079M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 350 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.54 | 57889 | 3 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| KAR (ASX) Chart |