"AMI is fairly valued and GOR is overvalued. Your analysis of EV on AMI is incorrect. 72m plant refurb, 15m exploration, cobb and Menzies overpaid - bye bye cash".
Most of the Plant Refurb will come from cash flow. All miners have exploration budgets. GOR's exploration budget is particularly large as they seem to be set on drilling most of Eastern WA on their greenfields leases. Overpaid executives? No comment but so long as they do their job and add value for shareholders it isn't a big thing.
AMI versus GOR. Which valuation is wrong?, page-6
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $355.2M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 20.5¢ | $357.4K | 1.722M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 121951 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 888884 | 20 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| AMI (ASX) Chart |