So we are targeting 50 000 ounces per year production at a cost of $800 per ounce .So a quick calculation gives us 50000x $900 = $4500000 profit per year divided by say fully diluted shares of 700 million = 6.5c per share x p/e of 10 gives us 0.65 p/s .Then there is the copper credits and silver.Please can people correct me if this is unrealistic or totally wrong.
interesting to apply it to a increase in yearly production of 70 000 onces per year gives us 63 million which gives a .09cent p/s at a p/e of 10 = .90c per share
This is why I'm heavy into this baby.50cents would do me just fine and as we move closer to production startup I feel this will easily be surpassed
Constuctive comments appreciated
- Forums
- ASX - By Stock
- MYG
- value
value
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MYG (ASX) to my watchlist
|
|||||
Last
93.0¢ |
Change
0.020(2.20%) |
Mkt cap ! $85.06M |
Open | High | Low | Value | Volume |
93.0¢ | 93.0¢ | 93.0¢ | $9.407K | 10.11K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 92.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
93.0¢ | 2679 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.920 |
3 | 17878 | 0.910 |
1 | 20000 | 0.900 |
1 | 11299 | 0.885 |
1 | 575 | 0.870 |
Price($) | Vol. | No. |
---|---|---|
0.930 | 2679 | 1 |
0.940 | 11112 | 2 |
0.945 | 1100 | 1 |
0.950 | 50000 | 1 |
1.000 | 23500 | 1 |
Last trade - 13.10pm 23/08/2024 (20 minute delay) ? |
MYG (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online