I'm by no mean has experience like others in terms of valuing companies, but I can do simple maths.
With current SP $1.335 we are at $1.115B Market Cap
Multiply current reserve with today's POG less expected AISC = 3.9Moz * ($2005-$1025) = we are sitting on $1.911B worth of potential profit!? (and potentially more, I do expect POG trend to go higher and not lower in the next decade)
1.911B market cap in SP would be $1.911B/$1.115B x $1.335 = $2.28!!
That's excluding any further findings or raise in POG.
Again, I'm likely to have oversimplified things
Bull Run & Market Cap, page-105
-
- There are more pages in this discussion • 144 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GOR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.62 |
Change
0.005(0.31%) |
Mkt cap ! $1.755B | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.63 | $1.57 | $8.654M | 5.375M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 247105 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 20083 | 4 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| GOR (ASX) Chart |