Yeah, they write off the failures and capitalise the successes, both at cost, so too right it can be misleading if high risk.
Example spend $1mm on each of 100 projects. One hits $1 bn NPV, 99 are written off. Overall $99mm loss for the books. Reality a stunning success.
I prefer cashflows with miners. Too much artifice in the P&L numbers.
EL
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Last
$125.74 |
Change
-3.390(2.63%) |
Mkt cap ! $46.71B |
Open | High | Low | Value | Volume |
$126.45 | $127.31 | $125.01 | $247.6M | 1.967M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 587 | $125.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$125.88 | 200 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 587 | 125.510 |
1 | 22 | 125.420 |
2 | 4253 | 125.330 |
1 | 3733 | 125.320 |
1 | 1099 | 125.290 |
Price($) | Vol. | No. |
---|---|---|
125.820 | 1094 | 1 |
125.830 | 1094 | 1 |
125.880 | 200 | 1 |
125.900 | 500 | 1 |
125.930 | 172 | 4 |
Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
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TRITON MINERALS LTD
Adrian Costello, Executive Director
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