1.7mill oz gold * 700 = $1.2bill
302770 tons copper * 7000 = $2.1bill
4.4mil oz silver * 12 = 52mill
therefore total in ground resources = $3.8bill
Current market cap = $276mill
Therefore if market cap was to move to 1/10th of resources share price would have to move from 27c to 36c.
current share price is only 2x FY08 earnings
calculations
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $2.061M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $2.236K | 797.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 17961677 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 1402393 | 5 |
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| Last trade - 13.30pm 02/08/2024 (20 minute delay) ? |
| SMM (ASX) Chart |