Spot on. Mulgabbie currently is worth circa 0.20 a share alone IMHO (DYOR). I base this number off what NST paid for Millrose. If STK's Millrose 346k ounces cost NST $61m (or $176.30 per ounce), then on a purely comparative valuation, OZM's Mulgabbie is worth nearly $46m (260k x $176.30). On a fully diluted basis (nearly 200m), that's $0.23 in value per OZM share. At the fire sale price of $20 per ounce, value sits at $0.026 per OZM share. Given the below factors for OZM's Mulgabbie Project, I am confident the comparative valuation can hold IMHO (DYOR).
OZM's Mulgabbie Project:
- existing resource (260k broad, shallow, consistent and highly recoverable ounces)
- size of property (126km2)
- underexplored (yes)
- exploration potential (1m ounces)
- 100% OZM ownership (includes mining lease M28/240)
- top tier jurisdiction (WA)
- top tier location (Eastern Goldfields and only 135km northeast of Kalgoorlie)
- distance to infrastructure (only 3.5km east of NST's 4Mtpa Carosue Dam)
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Spot on. Mulgabbie currently is worth circa 0.20 a share alone...
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.413M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.3¢ | $7.302K | 135.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 32887 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 32887 | 0.049 |
1 | 778 | 0.048 |
2 | 155555 | 0.045 |
1 | 100000 | 0.040 |
1 | 1000 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 100000 | 1 |
0.056 | 9672 | 1 |
0.058 | 69705 | 1 |
0.060 | 16666 | 1 |
0.061 | 100000 | 1 |
Last trade - 15.01pm 22/08/2024 (20 minute delay) ? |
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