Assuming they maintain 30koz/yr, there is still 5 years of production ahead, and assuming they pay the debt thats 5 years of unhedged production at lowest quartile cost profile in what will arguably be the greatest gold boom in history. I am also comfortable they can at least reserve replacement ratio of 1:1 given the lack of previous exploration on this tenement package.
So, Im going to have to say it is not a growth in reserves that is stunting the share price. I'd going to place my bet on the debt. My capital could have been elsewhere during the last 6 months, but were too close to paying down the debt to pull it now.
- Forums
- ASX - By Stock
- Ann: Jaurdi Gold Project - Ore Reserve Statement
Assuming they maintain 30koz/yr, there is still 5 years of...
-
-
- There are more pages in this discussion • 13 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 BCN (ASX) to my watchlist
|
|||||
Last
2.6¢ |
Change
0.001(4.00%) |
Mkt cap ! $97.67M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.5¢ | $11.64K | 463.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 641280 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 104799 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 641280 | 0.025 |
8 | 1446618 | 0.024 |
7 | 1578579 | 0.023 |
6 | 1208854 | 0.022 |
3 | 120095 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 104799 | 1 |
0.027 | 5996345 | 7 |
0.028 | 10007869 | 7 |
0.029 | 1803903 | 6 |
0.030 | 6373835 | 14 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
Featured News
BCN (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online