yes gold is looking relatively strong, however we may need $2500+ USD gold prices before we start to see the valuations you are considering @coto. 80c would give us a similar MC to BGL now as a low cost high grade producer or DEG with 12.6 million oz prior to the most recent cap raise. In my opinion, you need to come up with realistic valuations based on a lower gold price ($1800-1900) then apply a 30-40% discount for jurisdictional risk. From this point you can start crossing fingers and toes for a higher gold price.
I would be happy with TO offer around 40-50c or 830 mill MC +.
- Forums
- ASX - By Stock
- Ann: Investor Presentation
yes gold is looking relatively strong, however we may need...
-
-
- There are more pages in this discussion • 88 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 PDI (ASX) to my watchlist
(20min delay)
|
|||||
Last
25.5¢ |
Change
0.010(4.08%) |
Mkt cap ! $599.4M |
Open | High | Low | Value | Volume |
24.5¢ | 25.5¢ | 24.3¢ | $966.6K | 3.894M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20999 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.5¢ | 21982 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20999 | 0.250 |
2 | 21399 | 0.245 |
9 | 510173 | 0.240 |
2 | 150999 | 0.235 |
4 | 227121 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 230175 | 4 |
0.265 | 60175 | 2 |
0.270 | 131038 | 4 |
0.275 | 584576 | 6 |
0.280 | 298500 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
PDI (ASX) Chart |