Assuming all going well, start producing June 2021.
By June 2022
Revenue 100,000 ounce first year x 2250 aud / ounce = 225m sales
Cost 100,000 ounce x 1190 aud /ounce = 119m cost
EBITDA 106m
Net profit 50~60m
Earning per share 0.15-0.18
With a P/E like other gold miner at 15, reasonable SP will be 2.3-2.8 range
Any progress in the exploration side will be extra boost on SP
Ann: Half Yearly Report and Accounts, page-9
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Last
$6.26 |
Change
0.010(0.16%) |
Mkt cap ! $2.572B | |||
| Open | High | Low | Value | Volume |
| $6.22 | $6.35 | $6.18 | $3.558M | 568.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5981 | $6.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.28 | 6030 | 3 |
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| CMM (ASX) Chart |