If we're talking explorers & near term producers then the long term forecasted price is more important as it becomes a critical input variable to the PFS/DFS/FID along with the discount rate (I really wish FFS they would stop using an unrealistic 8%..use 10% as a min). Off-takes I assume will have a mix of base-rate and market price - but the blended price should approximate the FS assumptions. Right now we could reasonably expect any coy to use something around USD$80-$85/lb for their FS. It's frustrating to see an undervalued company being sold off as part of the sector pullback...but that's the game. We know this is a fabulous asset/project and in a great jurisdiction surrounded by the big boys (so no country risk). Stay the course and if you can ... obviously buy the dip!
GLTAH
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Last
41.0¢ |
Change
0.020(5.13%) |
Mkt cap ! $128.0M |
Open | High | Low | Value | Volume |
41.0¢ | 41.5¢ | 40.5¢ | $290.3K | 706.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 35001 | 40.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
41.5¢ | 5583 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 35001 | 0.405 |
5 | 112652 | 0.400 |
3 | 20449 | 0.395 |
5 | 90000 | 0.390 |
5 | 111041 | 0.385 |
Price($) | Vol. | No. |
---|---|---|
0.415 | 5583 | 1 |
0.420 | 51500 | 2 |
0.425 | 107500 | 4 |
0.430 | 41543 | 5 |
0.435 | 97500 | 3 |
Last trade - 11.36am 28/06/2024 (20 minute delay) ? |
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EL8 (ASX) Chart |