good question...
they raised @ $2.10 for the 20mil acquisition, so lets assume that 20mil is already accounted for
theres also a deferred 5mil payment if 2021 production targets are hit - lets assume this is the case
100mil estimated value - 25mil = 75mil
current SOI: 98,295,723
current price: $2
current MC = 196.5mil
+75mil = 271.5mil market cap = $2.76 per share
so thats fair value right now, based on current production numbers with 10 yr LOM and risks factored in using an 8% discount rate
will be watching for the current qtr figures to see if they're in line with forecast
Henty Mine valuation, page-3
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Last
$2.92 |
Change
0.080(2.82%) |
Mkt cap ! $659.2M | |||
| Open | High | Low | Value | Volume |
| $2.85 | $2.94 | $2.83 | $3.187M | 1.105M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.92 | 2764 | 1 |
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| CYL (ASX) Chart |