Based on that method I would value them very concervatively at 32cents today...Presuming the 400mt(400/2 stripping ratio) equates to 200mt @58% plus...
200*1.32/1800 plus 13cents...
of course this doesnt take into consideration the strategic position they are in...
price will increase the closer we get to production...when we start digging the stuff out of the ground SP will be in or past the dollar mark, if we havent already been taken over by RIO/BHP or FMG
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Last
80.0¢ |
Change
0.060(8.11%) |
Mkt cap ! $159.8M |
Open | High | Low | Value | Volume |
80.0¢ | 80.0¢ | 79.5¢ | $501 | 627 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 305 | 74.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
80.0¢ | 16539 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 305 | 0.740 |
1 | 2075 | 0.730 |
1 | 15151 | 0.660 |
1 | 10000 | 0.650 |
2 | 65000 | 0.530 |
Price($) | Vol. | No. |
---|---|---|
0.800 | 16539 | 4 |
0.820 | 2173 | 2 |
0.830 | 2941 | 1 |
0.890 | 2368 | 1 |
0.910 | 20000 | 1 |
Last trade - 10.07am 16/08/2024 (20 minute delay) ? |
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