re: Ann: PRC: NZ$10m Placement and Underwritt... Production figures from Kupe and a mischievously misleading note about revenue stream of NZD60 to 65M pa. Why misleading? Because it ignores what costs are to be carried by NZO or by the JV - i.e. net or gross revenue.
It is still hard to see why the SP wallows at this level. NZD600M cap. A hint fom DS that NZO's largest asset is Kupe. On a 10pc NPV for 20years at $50M pa cash flow Kupe is worth over NZD400M.
Cash is 175M - what is gross cash v net cash??
I thought cash was cash. Is there a loan left somewhere?(Is this new Aussie beany being a teensy bit sloppy?)
So PRC (150M at market), PPP ($30M), Tui (est $200M), valued exploration areas, are all for free.
Would be over $2 on 390M shares - if it was Australian - perhaps that is what we have to wait for to have the value recognised.
- Forums
- ASX - By Stock
- GNM
- Ann: NZ$10m Placement and Underwritten NZ$40 Righ
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GNM (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.855M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2235468 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 209012 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2235468 | 0.011 |
6 | 1720994 | 0.010 |
3 | 933330 | 0.009 |
6 | 1739995 | 0.008 |
2 | 229999 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 209012 | 2 |
0.014 | 200000 | 1 |
0.015 | 157000 | 2 |
0.019 | 210000 | 1 |
0.020 | 43334 | 2 |
Last trade - 11.41am 31/07/2024 (20 minute delay) ? |
Featured News
GNM (ASX) Chart |
Day chart unavailable
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online