No correction required, I never said it was EPS
But you raise the point, Perhaps $0.16c SP x 60% (~10c) at the end of 2024 (if they have gotten into production by then)
And you honestly expect the Market to give you a valuation at 50% of that at this mornings price ? before all of the hard work has been done !.
Most Exploration Companies consider themselves lucky to have reached 10% of their Operating value prior to construction.
Ann: Makuutu Rare Earths Project Scoping Study, page-86
-
- There are more pages in this discussion • 318 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IXR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.21M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $55.45K | 9.199M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 8589531 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 9870045 | 25 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| IXR (ASX) Chart |