Overvalued because it is still a 2.2 million resourse
SP has doubled without adding OZ.
With 2.2 million oz ... the only way to get into production is with dilution.
At 3 to 4 million oz they should be able to borrow enough funds.
DFS will have to show payback in 2 years or less to get full funding..
The less dilution the better the share price.
Cheers
Valuation, page-107
Add BGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.34 |
Change
0.075(5.93%) |
Mkt cap ! $1.715B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.35 | $1.27 | $8.155M | 6.212M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 4498 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 184172 | 54 |
View Market Depth
| Last trade - 13.49pm 10/10/2024 (20 minute delay) ? |
| BGL (ASX) Chart |