Bullish macro sentiment on Monday given that silver's now US$25/oz and gold's US$1929/oz. Should see a rise on Monday due to this alone.
My guess is trading halt on Tuesday, with PFS announced on Thursday. Vares NPV at US$1.4b; anything to the upside would be a bonus.
Based on the current share price, exchange rate and assuming that the market's currently valuing the company on approx 35% of Vares's scoping study NPV only, then a US$1.4B NPV equates to a share price of AU$3.37 with 200m shares on issue.
DYOR, GLTAH
Ann: Completion of Tethyan Resource acquisition, page-14
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.90 |
Change
0.245(9.25%) |
Mkt cap ! $814.5M | |||
| Open | High | Low | Value | Volume |
| $2.66 | $2.94 | $2.66 | $566.2K | 198.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1308 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 4199 | 7 |
View Market Depth
| Last trade - 12.30pm 11/09/2024 (20 minute delay) ? |
| ADT (ASX) Chart |