Not necessarily. 75c SP means $183M market cap. UG mining business alone is worth $312M based EV/Revenue multiple of 2.4x.
Key man risk is always there, that is why you have the board of directors. They can always manoeuvre a zero premium scrip merger with MAC or IGO or MINres.
Not necessarily. 75c SP means $183M market cap. UG mining...
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$2.05 |
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Mkt cap ! $529.0M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 5 | 1190 | $2.00 |
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|---|---|---|
| $2.06 | 5068 | 1 |
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