Because everyone on this forum tells me it trades at some huge discount - discount to what is the big quetion, so i thought i would do some valuation analysis, call me crazy...
Point is i guess there is a reason it is not going up. Why would i pay a premium to NPV for a project that is not even sanctioned yet, let alone built and delivering cashflow on time on budget with perfect production performance.
I could buy Anzon cheaper and the project has proven production performance thanks to the EPT, plus its 95% built, plus its in Australia, or i could buy AED which is at greater than 50% DISCOUNT to my NPV assessment and which is going to be producing 6 months earlier than Galoc and is located in Australia.
ndo npv calc, page-3
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Last
88.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $200.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 66599 | 1 |
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| Last trade - 16.12pm 19/07/2024 (20 minute delay) ? |
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