By my rough calculations they had $27million in gold at cost ( close to $1000aud)
which is very easy to calculate.
ie 27000 ounces
+ 13000 ounces for sept and dec qrt which they didnt sell.
= 40k ounces × 2450= close to $100 million dollars.
plus what they will get this qrt ( if any)
maybe all stockpiled.
Anyways , it looks to me that cash $15 million at start of qrt and gold on hand is almost exactly
Market cap.
????
Am i missing something?
By my rough calculations they had $27million in gold at cost (...
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Last
$1.71 |
Change
0.005(0.29%) |
Mkt cap ! $96.97M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.71 | $1.70 | $13.58K | 7.993K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3253 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 485 | 1 |
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| Last trade - 12.53pm 01/08/2025 (20 minute delay) ? |
| RND (ASX) Chart |