Waking up exactly.
This is my favourite snippet from the MD
I‘ve been trying to help investors understand the value proposition of Image Resources by looking at the project economics relative to a gold project. In Australia, we have a lot of gold companies, and many of them are quite popular with investors. The bankable feasibility study project economics indicate the forecast average revenue for the years 2019 and 2020 from Boonanarring are comparable to a 100 thousand ounce per annum gold production mine. However, our gross margins are nearly 100%, whereas a typical gold project may only have margins of about 50%. Importantly, a 100 thousand ounce per annum gold project would likely have a market capitalization of $300-400 million, whereas Image’s current market cap is only about $110 million.
- Forums
- ASX - By Stock
- Ann: Executes Second Off-take Agreement
Waking up exactly. This is my favourite snippet from the MD I‘ve...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMA (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.3¢ |
Change
-0.001(1.35%) |
Mkt cap ! $81.98M |
Open | High | Low | Value | Volume |
7.4¢ | 7.4¢ | 7.2¢ | $30.79K | 423.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 63796 | 7.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.5¢ | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 63796 | 0.073 |
3 | 23833 | 0.072 |
1 | 55000 | 0.071 |
4 | 497320 | 0.070 |
1 | 12000 | 0.068 |
Price($) | Vol. | No. |
---|---|---|
0.075 | 15000 | 1 |
0.077 | 96639 | 1 |
0.079 | 16889 | 1 |
0.080 | 88620 | 2 |
0.081 | 4240 | 1 |
Last trade - 15.59pm 28/06/2024 (20 minute delay) ? |
Featured News
IMA (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online