Exciting times when you look beyond daily movements. Where will this be when we're at full production with 150k oz per year? With a gold price (I forecast) a lot higher, could we see ~$3-4,000+ margin per oz? That'd put as at $450-600m free cash flow. A simple 3x multiplier and you have a value of $1.35-$1.8b or ~27-36x share price ($6.50-$8.60) without dilution). With infrastructure already accounted for and a staged upgrade to a second mill paid for by our own gold sales, I look forward to holding this one long term.
This is just me throwing a few numbers out there rather than any deep analysis, so please don't take this as financial advice. DYOR. Would love if anyone has actually broken this down to a more accurate forecast.
Ann: Tarcoola Mineral Resources Update (Perseverance Mine), page-19
Add BGD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
28.5¢ |
Change
0.010(3.64%) |
Mkt cap ! $62.31M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.0¢ | 27.5¢ | $55.97K | 199.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7639 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 12632 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BGD (ASX) Chart |