Kevi
well calculated.
I think some of the initial gold production will be sold at US $700 per oz, but other than that spot on.
Also I always look at the enterprise value of a company ..
which is the market cap less cash and less plant.
As ALD doesnt need to raise any cap ex for a plant - as it's all there and paid for.
So the Enterprise Value is about $140 million (market cap minus $90 million in plant).
This is cheap buying for a producer given the potential for more gold - and a current resource size of 2 mill oz.
all systsens go, page-3
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Last
$33.00 |
Change
0.500(1.54%) |
Mkt cap ! $7.863B | |||
| Open | High | Low | Value | Volume |
| $32.00 | $33.26 | $31.99 | $75.38M | 2.290M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $32.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.04 | 289 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| ALD (ASX) Chart |