Euroz Update based on Optimised PFS.
Key points to me -
- PMY is an attractive TARGET
- Base target share price increased to 4c per share
- Leverage to Ag price indicated by use of US$27 spot price gives increase in valuation to greater than 5c per share
- The Euroz numbers show that a
5. Various funding options are available for such a sought after project.
- movement from US$22 to $27 adds 1.2c to the share price.
- So each US$1 increase is worth 0.24c to the share price using their model (no account is taken of the significant resources not part of the mining plan though).
6. Net $20 Million attributed to infil and exploration, so still plenty of upside still to be factored into share price.
7. Otherwise uses conservative commodity price estimates in valuation, so plenty of upside for Pb not factored in either.
As always DYOR. V
- Forums
- ASX - By Stock
- BML
- Ann: Sorby Hills PFS Delivers Outstanding Results
Ann: Sorby Hills PFS Delivers Outstanding Results, page-280
-
- There are more pages in this discussion • 7 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 BML (ASX) to my watchlist
|
|||||
Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $25.67M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 10.0¢ | $44.37K | 412.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 157990 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 188066 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 157990 | 0.100 |
2 | 87000 | 0.099 |
1 | 10319 | 0.097 |
1 | 10416 | 0.096 |
1 | 52600 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 188066 | 4 |
0.115 | 326419 | 4 |
0.120 | 150570 | 4 |
0.125 | 304215 | 3 |
0.130 | 612991 | 3 |
Last trade - 15.17pm 20/08/2024 (20 minute delay) ? |
Featured News
BML (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online