Great post! @metalbee.
I think we should be close to $17m cash at 31/12/2022 but understand the logic of conservative numbers.
I would think the push to 5c will happen by August 23. Probably travelling to 7c is my belief.
If they don't go on capital spend journey (which I think was done last year) they are on track for profit per share of $0.01 at PE of 6.2, current PE, we should be an assumed 6cps. Resource bull market which could happen this year could see us hit 12 to 16 PE.
8 months of production profits with estimate cash in Dec, which you noted as $14m, could see us at $36m to 40m in cash in August with a dividend payed in April to June.
Consolidation is plausible with BCN but I just had one in another stock and it has reduced the price spread (narrow range) and reduced the volume. Making it harder to load up on and or sell.
I would like to see us get to 50k ounces of production a year before we consolidate. Only my two cents.
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Last
2.6¢ |
Change
0.003(13.0%) |
Mkt cap ! $97.67M |
Open | High | Low | Value | Volume |
2.4¢ | 2.6¢ | 2.4¢ | $273.1K | 10.95M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 565078 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 2657646 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 565078 | 0.025 |
1 | 1000000 | 0.024 |
10 | 1787908 | 0.023 |
11 | 4113537 | 0.022 |
5 | 725047 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 2657646 | 5 |
0.027 | 775000 | 2 |
0.028 | 3000000 | 1 |
0.030 | 1673554 | 2 |
0.038 | 1000000 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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