To get a $1B Cap you would need at current prices and based on the published cash costs around about another 750k oz for a total of 1.5 M oz.
($1250 /oz - $562 /oz) x 1.5M = $1B
So at Garden well if we see a reserve of around 1.3 M oz and a final resource around 750K (58% Conversion) we should be seeing our $3 share price.
If we look at Erlistoun the resource was 256k oz and the reserve was 157k oz (61% conversion).
So anything around 1.3 M oz initial resource would be huge for the company and the share price.
Very exciting times for the company!!
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Last
$1.94 |
Change
0.065(3.47%) |
Mkt cap ! $1.459B |
Open | High | Low | Value | Volume |
$1.92 | $1.95 | $1.92 | $8.593M | 4.444M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 105232 | $1.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.95 | 121140 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 105232 | 1.930 |
5 | 41275 | 1.925 |
6 | 83269 | 1.920 |
6 | 43300 | 1.915 |
8 | 48223 | 1.910 |
Price($) | Vol. | No. |
---|---|---|
1.945 | 121140 | 11 |
1.950 | 155166 | 16 |
1.955 | 182338 | 9 |
1.960 | 104359 | 9 |
1.965 | 28366 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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