CEB2, now if gold went to US$6,400 I can't even consider what exchange rate to put into the model, but as an indication say the Aussie got ahead of the US dollar say 1.2 (instead of 0.885 now), and assuming silver remain at current levels:
Then RED share price value based on 90% ownership of Siana (DCF NPV valuation with 10% discount rate), amounts to:
RED $2.21 per share
(actually I thought it would be more than that, but its the exchange rate affecting it - at parity price would be $2.65).
Maybe I will hold a little longer, Lol!
CEB2, now if gold went to US$6,400 I can't even consider what...
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Last
30.5¢ |
Change
0.015(5.17%) |
Mkt cap ! $2.074B | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 31.5¢ | 29.0¢ | $6.131M | 20.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1710117 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 290135 | 11 |
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| RED (ASX) Chart |