I expect CHN to spend $12 to $14 million on costs, this year.
Which would leave them with $24-22 million at the end of the year.
The gold price would need to be around $1,300 otherwise the share price will tank below 10c.
So the best share price valuation BUY based on their cash, is $0.08c a share. So that's about 25% below the current share price.
Equally a good SELL price would be $0.13c a share this year !
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Last
$1.07 |
Change
-0.018(1.61%) |
Mkt cap ! $414.3M |
Open | High | Low | Value | Volume |
$1.09 | $1.10 | $1.06 | $1.428M | 1.328M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 29832 | $1.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.07 | 48973 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 29813 | 1.065 |
15 | 103579 | 1.060 |
8 | 150267 | 1.055 |
9 | 213436 | 1.050 |
4 | 338598 | 1.045 |
Price($) | Vol. | No. |
---|---|---|
1.070 | 46197 | 21 |
1.075 | 42590 | 10 |
1.080 | 55715 | 10 |
1.085 | 161072 | 8 |
1.090 | 310548 | 9 |
Last trade - 15.42pm 22/08/2024 (20 minute delay) ? |
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