thanks for doing thos figures.... we must not forget there is a massive difference between a high cost stock at $923 AISC and a very low cost producer at sub $600
when the price of gold moves those companies lose value quickly... but the low cost producers have a much lower beta and keep pumping in the $$$ e.g EVN
our value next year could be very very nice indeed especially with a massive amount of pipeline projects we can selectively put on to get the most amount of oz's for the tonnage thruput
we have over 50 years of mine life at 100koz a year
good to see some nibbles into 1.0 too - im sure some people that bought at 0.8 are tempted for a 25% return already so the odd person might sell some
But i suspect we have seen the low of the lows of this stock and as ive said before in previous threads a re-rate imo around 100 mil MC once we have reserves and finance and start the refurb is on the cards
once into production i cant see much less than 200 mil Market Cap with so much free cashflow we could easily start ramping up the koz with further upgrades on the CIL plant
- Forums
- ASX - By Stock
- TGM
- Ann: Positive Theta Hill Open-Cut Gold Mine Scoping Study
Ann: Positive Theta Hill Open-Cut Gold Mine Scoping Study, page-14
-
-
- There are more pages in this discussion • 31 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 TGM (ASX) to my watchlist
(20min delay)
|
|||||
Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $124.5M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 17.5¢ | $988 | 5.646K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 43036 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 59078 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 43036 | 0.165 |
1 | 10000 | 0.150 |
1 | 10000 | 0.145 |
4 | 78696 | 0.140 |
1 | 50000 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 59078 | 1 |
0.175 | 15844 | 3 |
0.180 | 153320 | 3 |
0.185 | 71333 | 2 |
0.200 | 121537 | 6 |
Last trade - 10.09am 10/07/2024 (20 minute delay) ? |
Featured News
TGM (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online