25,000 ounces of gold at an All-In Sustaining Cost (‘AISC’of A$1,247 per ounce.
Current gold price $2527 per ounce therefore a margin per oz of $1280
$1,280*25,000 = $32,000,000
Current cash is $2.4m, MC is $4.8m therefore the EV is $2.4m
IMO this is well undervalued as they start the journey to mining and the Tick Hill offers plenty of exploration upside to expand the resource
25,000 ounces of gold at an All-In Sustaining Cost (‘AISC’) of...
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Last
68.5¢ |
Change
0.005(0.74%) |
Mkt cap ! $111.5M | |||
| Open | High | Low | Value | Volume |
| 67.5¢ | 68.5¢ | 64.0¢ | $300.5K | 454.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 154920 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
66.0¢ |
Change
0.005 ( 2.22 %) |
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| Open | High | Low | Volume | ||
| 67.0¢ | 67.0¢ | 64.0¢ | 134688 | ||
| Last updated 15.30pm 10/05/2024 ? | |||||
| CNB (ASX) Chart |