At the end of the day sitting down here valued at 78 million AUD market cap- with 12 mill cash in the bank its ridiculously cheap.
We kinda know from the latest drill results were gonna have a resource size increase to around 145,000 tons Co/Cu /Zi. that in effect values our metal in the ground now at 66 million AUD.
thats USD 320$ a ton in situe value. (other potentially viable ASX Co Jorced resources are all valued in are all in their 1,000's)
IMO from the evidence I personally calculate/expect Im guessing the scoping study could show a production rate of 45,000 a ton..... But even at 50,000 USD a ton.... at todays metals prices that means we should get approx (very roughly calulated) net profits of :
20,000 a ton on our Co
5,ooo a ton on our Cu
2,000 a ton on our Zi
= roughly USD 27,000 a ton for all.- (lets call it USD 18,000 after tax of 30%)
So IMO just from my own very rough rule of thumb calcs the market is discounting our proven consistant metal in the ground to just 1.8% of its value- thats a 98.2% discount. (other asx's Jorc in situ resources are usually discounted to around 5% of their value)
I think that just comes down to more marketing needed.
- Forums
- ASX - By Stock
- CLA
- CLA chart
CLA chart, page-2289
-
-
- There are more pages in this discussion • 1,798 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CLA (ASX) to my watchlist
|
|||||
Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $26.70M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $9.389K | 784.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 9728457 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 214529 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 9728457 | 0.011 |
18 | 9902795 | 0.010 |
10 | 5576330 | 0.009 |
5 | 4520074 | 0.008 |
3 | 648560 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 214529 | 1 |
0.013 | 1427939 | 6 |
0.014 | 3150000 | 6 |
0.015 | 500000 | 1 |
0.016 | 2359503 | 9 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
Featured News
CLA (ASX) Chart |