Shares on issue: 1 270 000 000
guess of oz: 10 000 000
1 270 000 000 ÷ 10 000 000 = 127 - 127 stocks per one oz of gold held by the company
gold price (or explorer gold price) $350
350 ÷ 127 = $2.75 per share
This formula was stolen off someone else in hotcopper, sorry I can't find the original poster to give credit.
Bell Potter - New Discoveries Lift Resource Potential, page-18
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Last
$1.36 |
Change
0.020(1.49%) |
Mkt cap ! $3.259B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.37 | $1.34 | $7.703M | 5.680M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 90615 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 3803 | 3 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| DEG (ASX) Chart |