Some cash will go back into building ounces and extend mine life no doubt. But as it stands with all mine development, mill and equipment in place worth a lot more than the current market cap and forecast cash flow far in excess of the current market cap VTX is very undervalued IMO.
Also worth noting for every $100aud increase in the gold price it adds $5m to FCF over the 2 year mining period
Ann: Next High-Grade Gold Producer - Presentation AGC 2024, page-5
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $25.13M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 18.8¢ | $64.72K | 339.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 95000 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 10675 | 1 |
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| Last trade - 14.46pm 04/10/2024 (20 minute delay) ? |
| VTX (ASX) Chart |