good news flow on this stock now - i've sold out previously at 27c and looking for re-entry
Anyone have a view of why this is worth more?
assuming worst case - 90,000 ounces @ margin of 600/ounce is 54m for 6 months, - 100m for a year - P/E of 6 gives current value
16 yr mine life looks good
Can it warrant more than 6 P/E? ASIC looks high but i expect 6 is low end...
Ann: King of the Hills set for stronger March Quarter, page-9
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Last
42.3¢ |
Change
0.003(0.60%) |
Mkt cap ! $2.891B | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 43.5¢ | 42.0¢ | $4.602M | 10.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 84 | 2546643 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 2149112 | 38 |
View Market Depth
| Last trade - 11.58am 12/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |