If one takes your 35% yield into account then that would bring the value down to approx $0.60 which isn't that far from your 55c .
However I have never seen the yield figure used in any projected valuations for any discovery .... maybe it has and I have missed it.
I am interested to analyse the share price of Sintana given their low percentage of the share holding of their discoveries.
I maybe wrong but they own 40% of Custos(?) which owns 10% of the discoveries. This is a small percentage but their share price is booming.
This gives me a strong positive sense of what PCL share price will do if we are lucky enough to strike a mother lode like Venus.
If one takes your 35% yield into account then that would bring...
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $177.4M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.4¢ | 2.2¢ | $49.10K | 2.123M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 9306288 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 2314862 | 2 |
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| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
2.3¢ |
Change
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| Open | High | Low | Volume | ||
| 2.3¢ | 2.4¢ | 2.2¢ | 4647355 | ||
| Last updated 15.29pm 07/05/2024 ? | |||||
| PCL (ASX) Chart |