X64 0.00% 57.0¢ ten sixty four limited

Ann: Update on Co-O Operation and Voluntary Suspension in Trading, page-49

  1. 3,694 Posts.
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    No-one can buy/sell the shares at present (unless off-market). Notwithstanding, I will keep a Hold because at 57c and based on the 31/12/22 report, I get the following stats

    SP = 57c
    SOI = 227,956,301
    EV to Production = $573/oz with annual production of 86.5Koz;
    EV to Resource = $53.9/oz with Resource = 921 Koz
    These figures are so low that some negativity in SP, or production, can be tolerated. AISC, cashflow, and dividend are different matters.
    All the same, this is a very troubled stock and who knows where it may end up.
 
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