Well done J , "fundamentals" are critical for appraising a company and you came close to spelling it !
Fundamentally , let's be conservative and say 1 mill oz's .
Let's guess that with gold about $2,400 / oz and AISC margins usually of the order of $1000 and with plenty of blue sky potential someone might offer $300 /oz for the resource (at this stage ).
So implies a mkt cap of $ 300 mill , in my head , about 26 c / share ?
Your 3.4 c equates to what , about $45 mill mkt cap roughly .
But hey , maybe fundamentals aren't for you ?
Maybe you could sell what you have now and buy back when they drop .
(I seem to remember someone else here trying that , but maybe you'll be more successful .)
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Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $481.1M |
Open | High | Low | Value | Volume |
20.0¢ | 20.5¢ | 20.0¢ | $77.99K | 387.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 137375 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 120882 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.200 |
5 | 282559 | 0.195 |
5 | 307643 | 0.190 |
3 | 417800 | 0.185 |
10 | 567100 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 120882 | 2 |
0.210 | 617018 | 8 |
0.215 | 340000 | 2 |
0.220 | 428228 | 8 |
0.225 | 100000 | 1 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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