The net assets per the last balance sheet works out to about 7c per share so that would seem to provide a solid "base" for the value of HGO. This of course doesnt put any value on:
- PHES $31m (5c/share)
- Any profit above cost recovery from the ore stockpile (although this might not be high given the low grade remaining)
- Underground mining
- Ore recovery from the bottom of the pit
- Franking credits
- Mining from the non PHES effected areas including the Hub
So if you trust the balance sheet (I guess the risks are in the PPE, rehab provisions and stockpile valuation) then you have the current share price covered with some good scope for upside
- Forums
- ASX - By Stock
- HGO
- Ann: Kanmantoo South Hub Cu-Au Growth Opportunity
Ann: Kanmantoo South Hub Cu-Au Growth Opportunity, page-7
-
-
- There are more pages in this discussion • 8 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 HGO (ASX) to my watchlist
|
|||||
Last
5.0¢ |
Change
-0.003(5.66%) |
Mkt cap ! $108.9M |
Open | High | Low | Value | Volume |
5.2¢ | 5.2¢ | 5.0¢ | $117.1K | 2.279M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 1587133 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 129353 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 1587833 | 0.050 |
3 | 40654 | 0.049 |
2 | 80000 | 0.048 |
4 | 84319 | 0.047 |
2 | 31738 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 126036 | 13 |
0.052 | 82402 | 4 |
0.053 | 943583 | 9 |
0.054 | 962730 | 1 |
0.055 | 1753984 | 4 |
Last trade - 13.31pm 04/09/2024 (20 minute delay) ? |
Featured News
HGO (ASX) Chart |