The price of gold is really rocketing on the overnight markets. I was doing a quick valuation calc and while I was doing it it went from 3170 to 3180 an ounce AUD.
With a best-case scenario of 129K ounces of gold extracted at Munda for a fixed cost of extraction of 258.4M the current valuation of the Munda deposit sits at $1.16 per share - cash.
Dilution seems unlikely with cash from Jeffrey's Find to fund Munda development.
If the price of gold keeps heading north AWJ is going to be a multi multi-bagger in less than 24-46 months IMHO.
Gold Price and Munda Valuation
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AWJ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.0¢ |
Change
0.015(8.57%) |
Mkt cap ! $28.22M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 19.5¢ | 17.5¢ | $374.5K | 2.003M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 197127 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 30254 | 4 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AWJ (ASX) Chart |