Our SOTP base case valuation is 22c per share, based on the Ancuabe scoping study (60% of our SOTP value or 13c) with a further 9c (the remaining 40% of our SOTP valuation) added based on a discounted valuation of the company’s very large additional resources at Balama and Nicanda Hill/West. Our base case valuation uses a notional 75/25 debt/equity structure to fund Ancuabe’s development, assuming equity at the current share price (5c). However, our valuation is sensitive to the share price assumption of the equity component: at a 10.0c share price, our base case valuation becomes 26c; at 15c it becomes 28c. Our Ancuabe valuation uses a weighted graphite concentrate basket price of US$1,369/t and a 10% discount rate to reflect general equity risk.
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $14.11M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $36.86K | 4.272M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 915665 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 1185333 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 915665 | 0.007 |
6 | 1316666 | 0.006 |
3 | 1599995 | 0.005 |
1 | 500000 | 0.004 |
1 | 1000000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 1185333 | 6 |
0.010 | 1193037 | 3 |
0.011 | 127300 | 1 |
0.012 | 217293 | 3 |
0.013 | 560000 | 1 |
Last trade - 11.42am 03/09/2024 (20 minute delay) ? |
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