Mya, you seem to be trying to work out the value on just one minesite of Blacksmith with 200 million tonnes. (PIOP Has > 1.4 Billion tonnes). The RHK shareprice is the entire PIOP. About 10 years ago a Flinders CEO put the value at $1,83 per share. Since then weve had a 25 to 1 Consolidation. That equates to $7.50 approx. 10 times the present SP. Weve also done miles more drilling to find more ore since then. The ore price has doubled or tripled since then. I believe the SP is way undervalued. These is are just my thoughts of course.
How are you predicting this company's value?, page-3
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Last
78.5¢ |
Change
-0.035(4.27%) |
Mkt cap ! $156.8M | |||
| Open | High | Low | Value | Volume |
| 76.5¢ | 78.5¢ | 76.5¢ | $2.438K | 3.147K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.0¢ | 3999 | 1 |
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| Last trade - 14.14pm 30/07/2024 (20 minute delay) ? |
| RHK (ASX) Chart |