How much do reckon NCM would pay, after the next Calibre/Magnum & Minyari Dome upgrade in the next 1-9 months, probably takes AZY'S 100% attributable resource to 5Moz eq?
I'd say at least double Shaw & Partners' 8c valuation. NCM won't throw an offer based on the current share price of the time, they'll base it on the multiple millions of ounces of gold
But AZY management are now saying we're an emerging tier-1 business, so maybe boots on ground are seeing how much gold is coming up from the ground, and has all the signs of a major mine that no doubt they would've seen in their decades of experience in discovering and developing major mines in Australia. The definition of tier-1 is open to interpretation, but you could say at least 300-400oz gold eq per annum for 10 years
- Forums
- ASX - By Stock
- AZY
- Recent Gold M&A in Australia - Big Premiums on Acquisitions
Recent Gold M&A in Australia - Big Premiums on Acquisitions, page-7
-
- There are more pages in this discussion • 305 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 AZY (ASX) to my watchlist
|
|||||
Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $57.22M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $249.8K | 20.81M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 7641631 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 4602815 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 7641631 | 0.011 |
40 | 14943887 | 0.010 |
28 | 10356044 | 0.009 |
12 | 5363090 | 0.008 |
5 | 2122000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 4602815 | 6 |
0.013 | 9693472 | 11 |
0.014 | 4544600 | 9 |
0.015 | 3810848 | 8 |
0.016 | 4364631 | 9 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
Featured News
AZY (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online