***************SOLGOLD -- Salient Points Going Forward**********
Link: www.solgold.com/au/solgold-blog-1
Highlights:
<>"Our innovative approach extends to our d e v e l o p m e n t plans to Cascabel. While most would head straight for o p e n - p i t, Solgold is planning a b l o c k c a v e....On first estimate, Solgold believes it can h a l v e the c a p e x of a 40m tonne per annum mine using block cave. [Ref: Para 7- "Exploration & Innovation", Solgold Blog, 6 Dec 2017]
<>"With a potential m u l t i - b i l l i o n tonnes resource, our Cascabel project is mooted to be one of the most attractive mineral properties discovered in the last decade. " [Ref: "The Future is Bright, the Future is Copper", Solgold Blog, 2 Feb 2018]
<>With r e g u l a r u p d a t e of the resource estimate & PRELIMINARY ECONOMIC ASSESSMENT in s i g h t at Cascabel, from your projects across Ecuador & US $100 MILLION in the bank, Solgold is firing on all cylinders.
"There is already 10,000m of drilling s t i l l to be a s s a y e d & i n c l u d e d in the model. With 12 r i g s across the site & 120 km of d r i l l i n g planned for 2018, u p d a t e of the resource will be r e p o r t e d r e g u l a r ly."
[Ref: "Happy New Year", Solgold Blog, 5 Jan 2018]
<><>The Maths - From Above Post [Data from Solgold Nov 2017 latest Presentation]
Solgold Share price 22.2 British pence
Mkt Cap £376 million
"Revenue = $2.138 billion
Operating Surplus =$ 1.41 billion } In £= £1 billion appox [£1=US$1.39]
Tax @ 22% - $311 million
---------------
AFTER TAX [Modelled] = $1.103 billion } In £= £800m appox[£1=US$1.39]
Note: Solgold states conceptual and $ is US$
Comment:
Whilst today*s Solgold price is around 21.7 British pence today, 8 Dec 2018, my previous post used 22.2 British pence with Mkt Cap £376 million.
In the London market, a P/E of 10 is conservative.
I wont work out the simple maths of PE 10 for potential £800m After Tax Surplus ie how much Mkt Cap could be [800x10].
Low share price for the year is 19.73 British Pence and 46.81 British pence High [Source: Google Finance] From this one can see that the Mkt Cap was almost double from £376 million.
<> "Target Price Consensus Revisions - last 18 months"
Link : www.4-traders.com/SOLGOLD-PLC-4005870/consensus/
Highlights:
"Mean Consensus - Outperform" [Right side of chart]
"Average Target Price 53 pence"
"Consensus Revision {Last 18 months} - Light and Dark Green [Right chart] - Buy and Outperform only
"Consensus Detail- 3 Outperform" [Total opinion of 3]
Please check.
9 Feb 2018
- Forums
- ASX - By Stock
- DGR
- SOLG MRE
SOLG MRE, page-52
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DGR (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.5¢ |
Change
0.002(15.4%) |
Mkt cap ! $15.65M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.5¢ | $3K | 199.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 600000 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 540000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 600000 | 0.015 |
1 | 36428 | 0.014 |
6 | 1203325 | 0.013 |
2 | 443333 | 0.012 |
1 | 181818 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 540000 | 1 |
0.018 | 1027000 | 2 |
0.019 | 613240 | 1 |
0.020 | 1532270 | 2 |
0.025 | 32000 | 1 |
Last trade - 10.55am 07/10/2024 (20 minute delay) ? |
Featured News
DGR (ASX) Chart |