No. You have to roughly DOUBLE production with generous forward discounting of cash flows.
“It’s easy, just double it”. With WHAT CAPITAL ARE THEY GOING TO BUILD THE MINING OPS?
Possible, not “easy” and nowhere near a takeover bid in the short term of $250 to $280.
$1300 per share?
I thought that was satire, but sadly no, your shrink is also your financial adviser apparently.
Objecting to $1300 per share isn’t “downramping”, the market price is currently $22.
Get a grip guys.
No. You have to roughly DOUBLE production with generous forward...
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Last
$15.33 |
Change
-0.170(1.10%) |
Mkt cap ! $940.2M | |||
| Open | High | Low | Value | Volume |
| $15.35 | $15.81 | $15.25 | $2.496M | 161.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1810 | $15.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.44 | 371 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$15.33 |
Change
-0.170 ( 1.69 %) |
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| Open | High | Low | Volume | ||
| $15.35 | $15.81 | $15.27 | 3890 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| WA1 (ASX) Chart |