When looking at MC , it may be wise to look at what extra debt they need to see their projects executed. I think Ravenswood is next cab off the rank and will need further debt to get it happening in a reasonable timeframe. Now if Syama goes to plan then they will have positive cashflow to draw upon but I am yet to be convinced and recent mine purchase may indicate that JW felt he needed a cashflow backup to Syama.
And if they put money into Bibiani as well then they will be praying Syama performs.
So on top of current debt I would add 150-200M in potential debt that could be required to cover shortcomings in positive cashflow. So suggest this is deducted from RSG market cap before any comparison is even attempted. Disclosure I hold both.
Christopher
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Last
72.0¢ |
Change
-0.015(2.04%) |
Mkt cap ! $1.548B |
Open | High | Low | Value | Volume |
73.5¢ | 74.3¢ | 71.0¢ | $9.875M | 13.60M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 45296 | 71.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
72.0¢ | 12448 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7932 | 0.790 |
2 | 4113 | 0.760 |
8 | 815896 | 0.755 |
17 | 171128 | 0.750 |
4 | 79194 | 0.745 |
Price($) | Vol. | No. |
---|---|---|
0.665 | 187257 | 1 |
0.680 | 3432 | 2 |
0.685 | 111780 | 6 |
0.690 | 18369 | 1 |
0.700 | 21901 | 4 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
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