Say NPV comes in at around 70% of the $620 mill, say $430mill being conservative. Usually expect the market to assign a top value around 30% of PFS NPV. THe DFS is more accurate but use 30% to be conservative.
30% of 430mill is around $130mill. Market cap say $40 mill.
130 divided by 40 = 3.25. Current SP= 5.4.
5.4 times 3 25= 17.25 cents top market assigned value. This means of course immediately after the DFS is released the gap at 4.5 will be finally closed!!!
17.25 based on assumptions above.
Ann: Wide, High Grade Intersection at BP33 ahead of DFS, page-40
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.9¢ | $1.160M | 11.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 334432 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 5164094 | 72 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |