There have been manyof comments about the opaqueness of the accounts but I think that the questionof the actual value of the gold holdings is not in dispute The auditor’s report states:
As at 30 June2023, the group’s inventories are mainly comprised of:
-Gold bullion of$183,753,736
-Silver of$6,355,699; and
-Ore stockpilesof $9,238,386
Furthermore the auditorsstate that their judgements included “Obtaining third party confirmationon existence of gold bullion and silver on hand at reporting date”.
So I am tending tobelieve that the accounts as far as the gold holdings go are accurate but would be interested to hear yourcomments.
Relax guys. The EV as currently calculated for a share price of $3.01 and June 23 account figures is zero!
There have been manyof comments about the opaqueness of the...
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Last
$4.37 |
Change
0.170(4.05%) |
Mkt cap ! $229.2M | |||
| Open | High | Low | Value | Volume |
| $4.39 | $4.40 | $4.26 | $32.21K | 7.408K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $4.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $4.37 | 2666 | 2 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$4.29 |
Change
0.170 ( 1.90 %) |
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| Open | High | Low | Volume | ||
| $4.39 | $4.39 | $4.26 | 617 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| TBR (ASX) Chart |