AAG 0.00% 28.0¢ aragon resources limited

At today's 23c close, market cap = $53mTake off the cash and...

  1. 6,439 Posts.
    At today's 23c close, market cap = $53m

    Take off the cash and value of RUM shares = $19m

    Conservatively assign zero value to Lake Lefroy and Lake Maitland JV, and we're left with a value for the CMGP = $34m

    $17 E/V oz, with 614k of those oz reserves

    A sitting duck if you ask me

    Cheers
 
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Currently unlisted public company.

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