Loki,
Thanks for your feedback. However, I think we are in the same ballpark. My total costs are 94m and potentially allowing for an extra $20m in growth and sustaining Capex costs. So assuming a total cost of $114m, they will still have $51m cash. Again, this is only back of the envelope calcs. I have a far more detailed financial model, but don't have it on me.
i see no reason for any capital raising. the only reason would be if they drastically undeshoot production. If that's the case, a CR is the least of our worries. The bigger worry would be the accuracy of their mining model, and therefore the reserve estimates
.
- Forums
- ASX - By Stock
- $40 cents club
Loki,Thanks for your feedback. However, I think we are in the...
-
- There are more pages in this discussion • 1,530 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 RED (ASX) to my watchlist
|
|||||
Last
35.0¢ |
Change
-0.020(5.41%) |
Mkt cap ! $2.380B |
Open | High | Low | Value | Volume |
36.0¢ | 36.5¢ | 35.0¢ | $3.637M | 10.28M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
47 | 1232084 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 509324 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
37 | 906770 | 0.350 |
23 | 792861 | 0.345 |
25 | 2017776 | 0.340 |
23 | 753669 | 0.335 |
34 | 1276973 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 360752 | 5 |
0.360 | 583303 | 9 |
0.365 | 592250 | 11 |
0.370 | 990275 | 9 |
0.375 | 248865 | 15 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
RED (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online