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5.97%

6.3¢ siren gold limited

Gold Price Breakout $US1,865/Oz heading to $US1,900/Oz, page-33

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Goldhunter122

1,476 Posts.

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26/05/21

07:14

Post #: 53414704
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Originally posted by Goldhunter122: ↑

I've put together some EPS and Share Price estimates for Siren Gold, once production starts.

I have used similar AISC costs to other miners in the region that have similar gold grades and assumed 50k Oz per annum gold production.

Once we have more information on the estimated annual production and AISC from the company, I'll adjust these figures below.

The point I'm trying to make is the very strong cash flow performance of high-grade shallow, structurally controlled, underground gold mine(s) by the assets owned by Siren Gold, given the very strong, and rising gold price.

Its current market cap of only $18million is significantly undervalued.

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The gold price has just hit $AUD2,450/Oz and $US1,900/Oz .

This is an excellent time for Siren Gold to develop their multiple at-surface and near-surface high-grade gold deposit assets.

Siren Gold assets are Goldfields, not a single gold deposit. 8 of them in fact.

Last edited by Goldhunter122: 26/05/21

SNG Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.3¢		Change -0.004(5.97%)		Mkt cap ! $13.01M

Open	High	Low	Value	Volume
6.5¢	6.5¢	6.3¢	$2.544K	40.08K

Buyers (Bids)

No.	Vol.	Price($)
1	80677	6.2¢

Sellers (Offers)

Price($)	Vol.	No.
6.3¢	51350	1

View Market Depth

No.	Vol.	Price($)
1	80677	0.062
1	58852	0.060
1	50000	0.055
2	125238	0.050
2	34999	0.040

Price($)	Vol.	No.
0.063	51350	1
0.064	988599	1
0.065	83012	1
0.067	59636	2
0.072	190563	2

Last trade - 15.50pm 31/07/2024 (20 minute delay)

SNG (ASX) Chart