With production on schedule to ramp up and produce 70k oz at a cost of $400/oz. We should see a cashflow of $28M. Thats close to a PE of 2.
Furthermore the recent drill intercepts indicate that the resource will be expanded. At least now any further exploration is self funded from revenues.
I can see no negatives to this one or downside in the shareprice. The double bottom of 23.5 has held and the sell depth all the way to 30c is thin. Futhermore many brokers value this one above 40c.
im long in bmo.
With production on schedule to ramp up and produce 70k oz at a...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.001(100%) |
Mkt cap ! $4.409M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $7.5K | 3.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 239125802 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 84610665 | 26 |
View Market Depth
| Last trade - 09.59am 18/09/2025 (20 minute delay) ? |
| BMO (ASX) Chart |