Back of the envelope calculation.
Resource target for 15kms 33 to 44 MT.
Conservatively say 33 MT.
Potential strike 100kms, so 33/15x 100= 220 MT total resource target on a conservative basis.
Halve that just for more conservative measure and we still have 110MT resource on an ultra conservative basis.
Minimum 550 million MC expected at $5 per MT ( peer comparison - pre-production ).
Max resource could be 44/15 x 100= 293MT so MC expected = 293 x $5 = 1,466 Million.
Average min and max MCs = (550+ 1,466)/2= $ 1,008 milion.
Which gives SP at todays shareholdings at $1.70
Say dilution of 20% with cap raisings
So expected avg SP pre production is $1.36
Of course all going as per plan, mets, etc etc
Enjoy the ride
Back of the envelope calculation. Resource target for 15kms 33...
Add CLA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $33.99M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $10.59K | 788.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1587186 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 6101003 | 4 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| CLA (ASX) Chart |