PXX 7.69% 1.2¢ polarx limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-18

  1. 33 Posts.
    lightbulb Created with Sketch. 21

    18 Jan scoping study was modeled on US$8500 copper and US$1900 gold.

    Copper is now US$11,000 and gold is US$2400 !!

    A massive 30% uplift and would require ZERO additional costs - it’s straight to the bottom line profit on mining it.

    It would be reasonable to assume the 18 Jan NPV of A$625m would now approximate A$1billion.

    With roughly 2 billion shares on issue you can do your own math …… $1Bn / 2Bn shares = …….


 
watchlist Created with Sketch. Add PXX (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
-0.001(7.69%)
Mkt cap ! $24.60M
Open High Low Value Volume
1.2¢ 1.2¢ 1.0¢ $29.09K 2.588M

Buyers (Bids)

No. Vol. Price($)
2 77779 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 3096878 1
View Market Depth
Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
PXX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.