I like your confidence webby but i think you are too optomistic with your valuation.
if the co. produces 100000 ozs with an aisc of $1500 aus. IF they issue 30 mill. More shares @30cents to get to that production(highly unlikely with toll treating existing east kal. deposit)then i come up with a price of $1.80 to $2.50 all things being equal and no further major discovery(allso unlikely as they are active on several fronts)
I like your confidence webby but i think you are too optomistic...
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Last
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $138.1M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 39.0¢ | 36.0¢ | $248.2K | 673.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 110396 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 93106 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BC8 (ASX) Chart |