Don't know about a ticker code change. That is a fairly big thing.
What is going to be the annual production of the Dolphin mine ? I can't find much info on it.
According to latest investor presentation
Tungsten current price $312 / mtu. operating cost $126/mtu operating margin A$195
14 year mine life
reserves 11M tonnes.
basically 11M x 195 = 2.145B / 14 year mine life = $150M income per year x PE 10 = 1.5B MC
Current MC 70M at SP 14c so 1.5B / 70M = 21 times.
14c x 21 = $3
When up and running KIS (or G6M ? !) will have a share price of very approx $3 ?
Is that in the ball park ?
- Forums
- ASX - By Stock
- G6M
- Ann: KIS Confirms Redevelopment of Dolphin Tungsten Mine
Ann: KIS Confirms Redevelopment of Dolphin Tungsten Mine, page-19
-
-
- There are more pages in this discussion • 11 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 G6M (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.10M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
G6M (ASX) Chart |
Day chart unavailable