An updated scoping study will be fascinating, given an expected increase in the resource, and the recent increases in copper and gold prices. Page 9 of the presentation dated 1 Feb 2024 might give us a clue. The target NPV, based on Cu @ $US8500/t and Au @ $US1900 is $A859M. This NPV may well be achievable.
I assume PXX's current enterprise value is around $A18M, of which say $A14M is ascribed to Alaska. That is to say, the possible NPV is around 60 times higher than the current enterprise value. Definitely PXX is a good punt in my view!!
Ann: Caribou Dome Option Exercised, page-3
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PXX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.00M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $2.391K | 298.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 7131987 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1151376 | 3 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| PXX (ASX) Chart |