I bought a few of these today. It looks very reasonably priced when you consider that the pretax NPV (@8% discount rate) in the October 2023 Mine restart study was $201 million based on conservative metal price assumptions of USD 2,200/tonne (Pb), USD 2,750/tonne (Zn), 23/oz (Ag) and AUD/USD of 0.67. Pre-production capex is only $24 million with peak cash drawdown $38 million, so financing should not be an issue. Also, I rate management very highly.
GLTA & DYOR
I bought a few of these today. It looks very reasonably priced...
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Last
26.0¢ |
Change
-0.005(1.89%) |
Mkt cap ! $48.55M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 23.0¢ | $52.35K | 210.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1367 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 29757 | 3 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
24.0¢ |
Change
-0.005 ( 11.1 %) |
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| Open | High | Low | Volume | ||
| 26.0¢ | 26.0¢ | 24.0¢ | 27480 | ||
| Last updated 13.27pm 17/06/2024 ? | |||||
| POL (ASX) Chart |
