A further consideration is how much of the cash flow from this mine will be directed to developing other projects.
Experience tells me further expansion/ new mine development is great for long term value (as long as the Board are good at timing/ finance/ and picking winners) but will impact returns to shareholders in the early years (2024-25) which in turn often holds back share price in those years. While it would be great to see up to 3 times current SP in 12 to 24 months this might be a little ambitious unless there is a t/o offer.
Not intending to suggest this is not good value at current SP. Actually surprised that SP dipped recently and see current prices as attractive. Expect 2024 as a serious re-rating from the market.
All IMO DYOR
- Forums
- ASX - By Stock
- ADT
- Ann: Vares Silver Project Video Update
Ann: Vares Silver Project Video Update, page-34
-
- There are more pages in this discussion • 1 more message 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 ADT (ASX) to my watchlist
|
|||||
Last
$3.79 |
Change
0.070(1.88%) |
Mkt cap ! $1.063B |
Open | High | Low | Value | Volume |
$3.76 | $3.84 | $3.75 | $1.776M | 468.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 562 | $3.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.84 | 28751 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 562 | 3.780 |
1 | 562 | 3.770 |
1 | 562 | 3.760 |
2 | 10400 | 3.750 |
1 | 9000 | 3.740 |
Price($) | Vol. | No. |
---|---|---|
3.840 | 28751 | 1 |
3.860 | 562 | 1 |
3.870 | 562 | 1 |
3.880 | 562 | 1 |
3.890 | 562 | 1 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
Featured News
ADT (ASX) Chart |