FBX, I didn't we would achieve your call of 55 cents when you posted that earlier today, but very happy to see a close at 56.5, volume over 1M shares and buyers outnumbering sellers - something we haven't seen for a while.
I think $1billion market cap is very realistic.
Being a little conservative, if you said 125,000 oz per annum at a margin of $800 gives a profit of $100 million. With more than 10 years production identified and as they announced, big scope for increasing that, a P/E of 10 once actual production and cash costs confirmed. Add to that the potential to do it all again at Cape Three Points.
Should be a great year for NMG.
For those interested in a bit of extra leverage, consider NMGOA options, low volume but offset by long expiry at July 13 (disclosure: I hold NMGOA and not NMG as in my opinion better leverage with minimal additional risk for longer term holder).
- Forums
- ASX - By Stock
- ACF
- phone call
phone call, page-12
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ACF (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.08 |
Change
0.005(0.47%) |
Mkt cap ! $329.2M |
Open | High | Low | Value | Volume |
$1.08 | $1.09 | $1.07 | $192.9K | 179.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 22545 | $1.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.09 | 158611 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 20248 | 1.070 |
1 | 9385 | 1.065 |
4 | 29015 | 1.060 |
5 | 54860 | 1.055 |
7 | 105622 | 1.050 |
Price($) | Vol. | No. |
---|---|---|
1.085 | 55807 | 3 |
1.090 | 9400 | 1 |
1.095 | 20000 | 2 |
1.100 | 96289 | 5 |
1.110 | 25000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
ACF (ASX) Chart |