Great to see directors continuing to buy meaningful amounts at higher & higher prices is the big takeaway for me.
Any other gold production profit estimates?
I get AUD$150m per year revenue to AAU, that's a fairly firm figure at current gold & silver prices
The variable is the 50% of annual OPEX that AAU will be covering.
My guess would be absolute maximum of $30m
That leaves $120m p/a, minus 15% tax leaves $102m after tax profits to AAU.
For the current EV of $10m, AAU appears unparalleled for potential upside in the ASX resource space.
Steady flow of announcements and near-term term catalysts on the way:
- 25,000m drilling program commencement announcement
- Probable AUD$15m to $20m cash boost coming from arbitration
- Drilling assays
- Maiden JORC of estimated 3m oz deposit at 2-3g/t gold and 500g/t silver
- Securing debt or equity finance for their 50% share of CAPEX
- Forums
- ASX - By Stock
- Ann: Change of Director's Interest Notice
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $13.18M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.2¢ | $19.17K | 1.575M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1710559 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 389648 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1710559 | 0.012 |
8 | 3699046 | 0.011 |
14 | 2256103 | 0.010 |
6 | 5707338 | 0.009 |
3 | 1827500 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 389648 | 2 |
0.014 | 2316871 | 4 |
0.015 | 1626412 | 2 |
0.017 | 2590884 | 4 |
0.018 | 743145 | 2 |
Last trade - 10.03am 03/05/2024 (20 minute delay) ? |
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Last
1.2¢ |
  |
Change
-0.001 ( 7.69 %) |
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Open | High | Low | Volume | ||
1.2¢ | 1.2¢ | 1.2¢ | 1839600 | ||
Last updated 10.46am 03/05/2024 ? |
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AAU (ASX) Chart |
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RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
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