I under calculated the copper numbers..
That 101,000 x 24% Cu is actually worth $151m and the high grade gold cap is worth $36m , so overall, the high grade DSO is worth $187m at today's prices. This is still being drilled and remains open. This stuff starts around 30m underground, so it's all open cut and quick to port. This basically means that RTG will generate exceptional free cash flow very quickly. They intend to apply for the stage 2 permitting process as 2015 progresses. This means that as they mine the DSO, they would already have started on developing stage 2. That's when things will really get interesting. That is where 90% of the main deposit sits and the cash flow expectations from that will far exceed the DSO for another 10 yr period. I don't think the market has even remotely understood what this is. Nor does it value this highly productive development team. They have build 7 major mines in 5 countries ( including the 200,000 oz pa Masabat mine in the Philippines. They have built 3 mines that produce over 200k oz pa, so this is a walk up to them. It's only a matter of time before the penny drops. Dyor
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I under calculated the copper numbers.. That 101,000 x 24% Cu is...
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Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.88M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 153019 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 153019 | 0.033 |
1 | 250000 | 0.030 |
2 | 400000 | 0.029 |
1 | 100000 | 0.026 |
2 | 580000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 200000 | 1 |
0.037 | 3304 | 1 |
0.039 | 50000 | 1 |
0.040 | 150000 | 1 |
0.046 | 350000 | 1 |
Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
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