I have a EV/Resource of 299 for BGL (post placement + SPP funds settling). If I compare that to other explorers like DEG (380) and AUT (288), the valuation doesn't look too bad. But it relies on the assumption that the huge amount of cash they will be sitting on is invested wisely and results in increased resources, otherwise soon down the track the metric will look worse when the cash dries up.
I have a EV/Resource of 299 for BGL (post placement + SPP funds...
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Last
$1.24 |
Change
-0.010(0.80%) |
Mkt cap ! $1.580B | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.27 | $1.23 | $9.132M | 7.356M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6000 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 67715 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| BGL (ASX) Chart |