Looking at AZY's 2022 scoping study for Minyari based on then gold price of AUD2430 if this is recalculated using todays gold price of AUD 3265, AZY would be banking an ADDITIONAL profit of $140,280,000 pa or $701,400,000 over first 5 years. Double this additional profit when we get to AUD 4000. This is without factoring in an increased MRE which should be coming this year. The scoping study in 2022 already showed a profitable mine. Capital costs including pre mining were in the vicinity of $300m I think.
Ann: Minyari Dome Project - Results from 2023 Air Core Drilling, page-17
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Mkt cap ! $57.95M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $30.00K | 2.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 5552295 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 3339308 | 11 |
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| Last trade - 10.00am 29/05/2024 (20 minute delay) ? |
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Change
0.001 ( 7.14 %) |
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| Open | High | Low | Volume | ||
| 1.5¢ | 1.5¢ | 1.5¢ | 141428 | ||
| Last updated 10.30am 29/05/2024 ? | |||||
| AZY (ASX) Chart |