Doh, thanks very much for the correction!
I believe the fundamental math is correct, even if the inputs weren't.
Looking back to the previous quarterly, we had a market cap of $1.25B
We are now earning $400 /oz more than we were in March 21 Quarter, and this is forecast to go up.
Hedges are being managed and decreasing
We now have a market cap of $1.8b
$2.40 x 3 = $7.20 SP / $5.4B MC
$2.40 x 4 = $9.6 SP / $7.2 MC
Double the production with McPs, significant increase in reserves and LOM, healthy POG = SP UP!
Ann: Diggers and Dealers 2021 Presentation, page-7
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Last
$2.54 |
Change
0.060(2.42%) |
Mkt cap ! $1.918B | |||
| Open | High | Low | Value | Volume |
| $2.56 | $2.59 | $2.54 | $11.38M | 4.463M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 40092 | $2.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.55 | 26938 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RRL (ASX) Chart |