AND's forecast production rate is 200K ozs p/a gold discounting silver with a cost of less than $200 usd/oz.
The wise guys are forecasting gold at $1500 USD/oz ($1660 AUD) for next year. That's about $1400AUD/oz profit
Now let's put all this together at say a PE of 15.
The rough sum is :-
200K X $1400 X 15 divided by 542 Million (no of Shares)
= $7.75 AUD/share.
From this rough sum there is still considerable upside
in AND's share price. Eldorado are looking for a bargain @ 0.31 Eldorado for one AND which is about $6.50 our money!
Moorooka Mick
Knocking the top of a Guinness in West of Ireland.
AND's forecast production rate is 200K ozs p/a gold discounting...
Add AND (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.43 |
Change
-0.010(0.41%) |
Mkt cap ! $217.0M | |||
| Open | High | Low | Value | Volume |
| $2.44 | $2.44 | $2.43 | $521.9K | 214.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 164963 | $2.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.44 | 304928 | 3 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$2.43 |
Change
-0.010 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| $2.44 | $2.44 | $2.43 | 3843 | ||
| Last updated 15.23pm 08/05/2024 ? | |||||
| AND (ASX) Chart |