I’ll play. Even though I feel we deserve a lot higher I’m going with a conservative 0.072.
$400m / approx 5.5b shares on issue (assuming fully diluted) = 0.072.
This figure is ultra conservative as it only really equates to $173 per ounce for our proven gold within Minyari. On top of that we have copper, silver and cobalt credits with an approx $1.5b in ground value, our JV projects outside of Minyari and a massive landholding of highly prospective ground.
Assuming all options are exercised by then we should also have approx $40m - $50m cash on hand (less whatever we spend between now and then)
Which ever way you look at it our current market cap of approx $110m is crazy cheap! Blind Freddy should be able to see that.
I’ll play. Even though I feel we deserve a lot higher I’m going...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AZY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.2¢ |
Change
-0.001(3.03%) |
Mkt cap ! $152.8M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.3¢ | 3.1¢ | $327.7K | 10.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3869987 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 1317025 | 5 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| AZY (ASX) Chart |