allow me view the thing from different angle, currently 177m cash with nil debt, three years production, assuming gold price is around $24-2500, based on the figure, the cashflow would be around 700m inflow - 265m max CAPEX & EXPLORATION = by end of the 3 years, the business wil have at least $612m cash in hand, with is 75% market CAP? the major varialbes would be POG and ASIC, with the current situaiton, are we expecting the POG reverse back into $1200 USD, which is big no no for me, i guess the POG would be above 2,000 in m opinion next year...
so is the current SP reasonable?
allow me view the thing from different angle, currently 177m...
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Last
$1.92 |
Change
-0.040(2.04%) |
Mkt cap ! $2.193B | |||
| Open | High | Low | Value | Volume |
| $1.97 | $1.98 | $1.91 | $3.875M | 2.012M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5202 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.93 | 4466 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.92 |
Change
-0.040 ( 1.93 %) |
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| Open | High | Low | Volume | ||
| $1.97 | $1.97 | $1.91 | 773865 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| RMS (ASX) Chart |