Just further to this i will add some specifics from GSJBW from 21st March:
- They beleive there is emerging value in the gold sector at this particular time.
- They rate SBM and KCN as the cheapest of the gold stocks under their coverage with a gold price of USD $950 p/oz and $1,000 p/oz being factored into perpetuity.
- KCN has previously traded at a premium of btw 5-9% to GSJBW underlying base valuation. It's currently trading at a 26% discount.
- They forecast production on 148koz, which is below company guidance, whilst recognising their may be some short term downside risks to production the market is overcompensating for a potential shortfall with a significant discount to base NPV.
Additionally they view the DOM acquisition as favourable because:
- lowers overall operational risk and country risk
- increases overall production base, without overly diluting the cash cost of the business
- provides access to additional technical skills in underground mining that can be applied to Thai assets.
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Last
$1.29 |
Change
-0.040(3.01%) |
Mkt cap ! $332.4M |
Open | High | Low | Value | Volume |
$1.32 | $1.32 | $1.26 | $521.5K | 405.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 6379 | $1.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.31 | 2956 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 6379 | 1.290 |
1 | 2364 | 1.285 |
1 | 2364 | 1.280 |
1 | 2364 | 1.275 |
2 | 20364 | 1.270 |
Price($) | Vol. | No. |
---|---|---|
1.305 | 2956 | 1 |
1.310 | 2956 | 1 |
1.315 | 2956 | 1 |
1.320 | 3553 | 2 |
1.325 | 275 | 1 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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