Gee wiz will make sure to have my second coffee before jumping on HC in the future, no shortage of passion in here!
I hope your right Joebear, I agree not impossible to go x5 but would be at the upper end of predicted price per ounce. Given the outstanding line items, farms etc, cash balance and 5 years of stagnant SP my guess would be low ball to begin and hopefully revised a number of times
Im sure has been done here before but applying some broad brush strokes we could hope for
3,000,000(oz) x 150 per ounce =450,000,000 MC / 2,300,000,000 = 0.19c per share or roughly x5 at current prices
Sign me up!
Ann: Drilling Commences Targeting High-Grade Gold Potential, page-66
-
- There are more pages in this discussion • 77 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 AUC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.0¢ |
Change
0.010(2.04%) |
Mkt cap ! $178.1M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 52.0¢ | 49.5¢ | $461.7K | 908.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5733 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| AUC (ASX) Chart |