BTR 5.56% 1.7¢ brightstar resources limited

benchmark

  1. 4,149 Posts.
    lightbulb Created with Sketch. 1350
    At a 1 % cut off one might possilby compare BTR to Cudeco, Hot Chilli, Avanco, Sandfire,
    Tiger, Hillgrove and Finders.

    Name Mt Grade contained CU kt.
    Cudeco 272 0.40% 1,149
    Hot Chili 165 0.70% 1,103
    Avanco 68 1.40% 965
    Sandfire 22 4.40% 963
    BTR 39 2.20% 851
    Tiger 42 1.90% 807
    Hillgrove 31 0.90% 287
    Finders 13 1.70% 229


    Market cap:

    Sandfire: A$ 920m
    Cudeco: A$ 460m
    Tiger: A$ 246m
    Hot Chilli: A$ 118m
    Hillgrove: A$ 104m
    Finders: A$ 91m
    Avanco: A$ 81m
    BTR: A$ 35m

    Taking into account that BTR has roughly A$ 20m in cash in the bank and in addition Perkoa is producing Zink, Silver, Lead (even if not everything is 100% transparent and we do not exactly know what cash flow Perkoa is delivering) I would think that overall BTR is rather undervalued.

    I would guess that optimized PFS should (if outcome is materially positive) put BTR value in the right context.

 
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1.7¢
Change
-0.001(5.56%)
Mkt cap ! $77.69M
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1.7¢ 1.7¢ 1.6¢ $240.3K 14.14M

Buyers (Bids)

No. Vol. Price($)
37 13277228 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 3503915 6
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