The market is asleep at the wheel on MEK. Re-factor in the current gold price $3285 into those numbers current gold price would drop payback to 10 months. The increase in NPV is around $130M (3-4 times our current market cap). Current gold prices that NPV value must be around $500M.
Undiscounted free cash flow (after capital and pre-tax): $363M (at $2,750/oz) and $521M (at
$3,000/oz);
▪ Pre-tax Net Present Value (NPV5%) of $249 million ($2,750/oz) and $371 million ($3,000/oz); and a
pre-tax Internal Rate of Return (IRR) of 40% ($2,750/oz) and 56% ($3,000/oz);
▪ Payback following process plant commissioning of 22 months ($2,750/oz) and 16 months
($3,000/oz);
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Ann: 31 December 2023 Interim Financial Report, page-2
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Last
3.8¢ |
Change
0.001(2.70%) |
Mkt cap ! $46.91M |
Open | High | Low | Value | Volume |
3.8¢ | 3.9¢ | 3.7¢ | $22.13K | 582K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 84499 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 181410 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 84499 | 0.037 |
1 | 29816 | 0.036 |
2 | 428500 | 0.035 |
4 | 568597 | 0.034 |
1 | 100000 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 181410 | 2 |
0.040 | 439585 | 4 |
0.041 | 300000 | 2 |
0.042 | 345795 | 4 |
0.043 | 250000 | 1 |
Last trade - 13.19pm 22/05/2024 (20 minute delay) ? |
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RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
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