AME 3.03% 3.4¢ alto metals limited

@volvogreenSome useful metrics below. EV/resource for Alto...

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    @volvogreen
    Some useful metrics below. EV/resource for Alto Metals is about $64. So relative to our peers the SP is on the expensive side. The premium however is justified imo. Sensible conservative management, no baggage, no liabilities, no skeletons in the closet, imminent high possibility of a takeover, super simple and resource is open etc etc etc (as per above post).

    There's only one other ASX gold junior with better metrics imo. I won't mention it as that would be cross promotion.

    https://hotcopper.com.au/data/attachments/5170/5170234-48f20c533bc9fbe52cef0075ed5b457b.jpg
    Last edited by PetrStiff: 02/04/23
 
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