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.
-
- 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)
Add GNM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.700M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2483393 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 17626 | 1 |
View Market Depth
| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| GNM (ASX) Chart |
Day chart unavailable