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.
Say NPV comes in at around 70% of the $620 mill, say $430mill...
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $267.1M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.0¢ | $564.5K | 4.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 99 | 2746135 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 169153 | 7 |
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| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
12.3¢ |
Change
-0.005 ( 5.77 %) |
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| Open | High | Low | Volume | ||
| 12.8¢ | 13.0¢ | 12.3¢ | 2437790 | ||
| Last updated 15.58pm 05/06/2024 ? | |||||
| CXO (ASX) Chart |