"Does a 780-million-dollar EV sound overvalued?"
Well when you put it like that "300M per annum cashflow " it does look cheap still.
guess will need to spend more than $40M CAPEX before any cash comes in unless they first mine the open cut of NN so maybe that hurts the EV ?
Another issue is substitution , we are not the only game in town so will punters like @BullishBearish and even Delphi be more inclined to invest in other discounted gold developers ,given the whole sector has been sinking for a while ?
"Does a 780-million-dollar EV sound overvalued?" Well when you...
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Last
88.5¢ |
Change
-0.015(1.67%) |
Mkt cap ! $983.0M | |||
| Open | High | Low | Value | Volume |
| 88.5¢ | 91.0¢ | 87.5¢ | $4.819M | 5.423M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 130832 | 88.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 292774 | 22 |
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| Last trade - 15.39pm 27/06/2024 (20 minute delay) ? |
| SPR (ASX) Chart |