$360m
$100m cash
$6m in assets
e/v $250m
Wattle Dam
Expecting 65000 oz from WD this year at say $500 cost and gold @ 1200 avg. = $45m profit
so I'll give it a value of $45m given the nature of WD unless someone can
point me to a stated reserve or resource calculation
Mt. Magnet targeting 90,000oz @ 900oz cost and avg. gold price @1200 so expecting a $27m profit pa $162M free cash flow over 6 years
Current resource 3 moz which would take 30 years to mine at current rate
so hard to give too much value as a producer just yet
so here at 95c I am paying close to $200m. giving no upside to WD and expansion plans for Mt. Magnet
so going forward the March production report will be crucial for MM or is the market already telling us something..
by buying some today I think a 20% return is achievable
does anyone know if these guys a covered by research ?
what's the consensus price targets?
is value appearing or bad news pending
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Last
$1.94 |
Change
-0.060(3.00%) |
Mkt cap ! $2.219B | |||
| Open | High | Low | Value | Volume |
| $1.96 | $1.97 | $1.93 | $6.531M | 3.362M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 63723 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.94 | 33487 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |