Correct forecast cash 15c/share (AUD). So still trading at 20% discount to forecast cash backing.
Positive action so far to address bloated corporate overhead should save $1.25m pa. I think there is at least another $0.5-0.75m pa to go before taking account of cash savings from implementing measured exploration/development expenditure programs over the next 12-24 months. On going corporate overhead of $2.5-$2.75m pa ($0.6-$0.7m pq) is reasonable in this environment.
Unanswered question is how much intrinsic value is there in the Mumbwa/Kitumba assets. Looks like there is now a stronger commitment from the new regime to better understand and manage this.
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $171.8M |
Open | High | Low | Value | Volume |
30.5¢ | 31.0¢ | 30.0¢ | $624.1K | 2.059M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 111026 | 29.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 70000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7873 | 0.315 |
1 | 2 | 0.305 |
3 | 53733 | 0.300 |
9 | 114415 | 0.295 |
6 | 82689 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.285 | 12229 | 2 |
0.315 | 70000 | 1 |
0.320 | 85001 | 2 |
0.325 | 183311 | 1 |
0.330 | 127927 | 6 |
Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
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