Are you just buying a share, or are you buying a share in a business?
Right now we are at a trail business status,
Say like someone setting up a 7/11 on a trail basic to see if the customers will come ( expect we have not laid out massive capex to trail the business)
Actually our study in may 2012 allowed 27 million, I believe we will come in a half of that.
If you start to do some figures based on what we know and place some discount into the numbers
Recovery rates tested at 97% , lets bring that figure down to 75%
Mill now running at 15 tons per hour, lets say they are only doing 10 hours per day.
Ord minett has figures for all in costs of $750( nearly 50% above a figure quoted by Abu in may 2012
Gold allow $1400
Grade allow ten grams per ton.
This business model today would have made close to $25000
Throw in for good measure no tax payable on the first 110 million made and a mine life that seems to be growing after every Ann they make.
My personally feel is this company is underpaying there hand,
What a great surprise in this day and age, when everyone seems to want to outdo each other on social media sites.
For the record I have no Facebook, twat, my space accounts
- Forums
- ASX - By Stock
- PRX
- how many ounces
how many ounces, page-122
-
- There are more pages in this discussion • 1 more message 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 PRX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.235M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $500 | 250K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 570000 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 25637389 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 570000 | 0.002 |
17 | 74790488 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 25637389 | 23 |
0.004 | 5788859 | 6 |
0.005 | 889000 | 1 |
0.006 | 166666 | 1 |
0.010 | 540000 | 1 |
Last trade - 10.50am 13/09/2024 (20 minute delay) ? |
Featured News
PRX (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online