Have a look at the Hartleys report form 23rd May (page 8). $700/tonne is in the higher range for profitability and will justify a higher market cap.
Remember it wast the resource size so much as the price per tonne minus opex so $700/tonne is very good.
http://goldphyre.com.au/gph/wp-content/uploads/2016/05/GPH-20150523-External.pdf
Check out page 8 where price assumptions north of $700 produce a 12 month target of 40c.
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $2.636M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $1.097K | 110.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1663273 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 820389 | 1 |
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| Last trade - 13.30pm 20/06/2025 (20 minute delay) ? |
| APC (ASX) Chart |