Thanks for the great analysis investorpaul. I agree I think that an NPV of only $82m at A$1550/oz gold (current spot price is A$1593/oz) is not enough potential return at the moment. Especially as as you said they will need to do a cap raising sometime soon.
This company could do really well but I'm looking for companies where the NPV of a gold project is currently (before resource expansion, life extension etc) a lot bigger than the current market cap at ~A$1600/oz prices.
Not sure if it's okay to ask here on the CRC board, don't want to hijack the thread but what are some of your fav gold or resource stocks? I'm in PVM for a developer, AZH for an explorer and RSG for a producer.
- Forums
- ASX - By Stock
- CRC
- questions and answers
questions and answers, page-41
-
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CRC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online