Based on 300k oz pa production with a $1000 per oz margin and a PE ratio of 10, I reckon they could be worth north of $6 per share. If I recall correctly, Equigold had a PE of ~10 when it was taken over (I think). If a perfect storm developed (>$2000 per ounce gold price, further reserve/resource increases, further exploration success), I reckon they could be worth closer to $10 per share.
fair value or a ways to go, page-6
Add RRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.63 |
Change
-0.010(0.61%) |
Mkt cap ! $1.231B | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.66 | $1.62 | $3.457M | 2.115M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 617 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 9925 | 2 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| RRL (ASX) Chart |