And just because I fell like being even more fantastic and hysterical let's look at the value of the initial drill area per share.
Number of shares (fully diluted???) = 294,455,036
PROFIT $2,380,000,000 divided by SHARES 294,455,036 is equal to $8.08.
What's that at a PE of 20?
OK I'm sort kidding but I think the general concept illustrates the potential value here.
au porphyry resource table, page-129
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Last
0.4¢ |
Change
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Mkt cap ! $9.775M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $47.47K | 13.55M |
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| No. | Vol. | Price($) |
|---|---|---|
| 59 | 57726829 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 11347359 | 12 |
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| LNR (ASX) Chart |