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19.5¢ auric mining limited

Agree, with the projections for this FY, Auric is sitting at a 1...

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goldbuggalo

581 Posts.

269

02/08/24

10:10

Post #: 75040154
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Originally posted by Wack: ↑

Morning all.
@WiffaSniffa
If we get roughly 21,500 oz from this campaign-
We had a GP of $3,150 by memory.
Over night trading is at $3,738 as I type.
That is $588 over the budgeted price.
21,500 x $588 = $12,642,000 more than we were expecting.
Divide by 2 for our partners and you have an additional $6,321,000 to us.
Next Q- Where do you think the GP is heading from here?
What will Munda look like if we get numbers like 200,000 oz.
Remember the post I put up yesterday and those very HG hits that we will be mining.
That will have a very dynamic effect on our economics.
Do the maths on that one.
No wonder I think we will have $20m in the bank by Christmas.
If we get the total amount of net profit this year and apply a multiple, also considering that Munda could be multiple higher again,
What would the value number look like then?
Knock knock- who's there?
Big, Big who?
Big bucks you dummy.
Kind regards, Wack.

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Agree, with the projections for this FY, Auric is sitting at a 1 PE ratio.

1 PER for a gold producer in the hottest gold moment of the last 20 years.

Let that sink in.

AWJ Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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(20min delay)
Last 19.5¢		Change -0.010(4.88%)		Mkt cap ! $28.96M

Open	High	Low	Value	Volume
20.0¢	20.5¢	19.5¢	$122.1K	612.5K

Buyers (Bids)

No.	Vol.	Price($)
4	35383	19.5¢

Sellers (Offers)

Price($)	Vol.	No.
20.0¢	8000	1

View Market Depth

No.	Vol.	Price($)
4	35383	0.195
2	101300	0.190
2	8877	0.185
2	127700	0.180
1	140000	0.170

Price($)	Vol.	No.
0.200	8000	1
0.205	154317	2
0.210	134052	3
0.215	5000	1
0.220	10000	1

Last trade - 16.10pm 06/08/2024 (20 minute delay)

AWJ (ASX) Chart