Aurelius,
It does look like the market was taking your view earlier this week, then came to it's senses.
I am sure AAG wouldn't have such global focus on the project if they were only valuing their 70% share at A$140mm. Get real, there's obviously a whole lot more gold to come in those permits.
Even if we said $100/oz, takes my valuation down to 550 to 620 ps, ignoring any value in the huge exploration portfolio.
I simply can't see the "bubble" you spoke of in the mid 6's.
Anyway, can we take it that you also accurately ring the bell for the low in the pon? Was last night it?
EL
PS Looking to catch the next lot of sub 6 IGO!
jpm increases shareholding, page-19
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Last
$5.31 |
Change
0.060(1.14%) |
Mkt cap ! $4.021B | |||
| Open | High | Low | Value | Volume |
| $5.22 | $5.31 | $5.16 | $12.51M | 2.379M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12476 | $5.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.31 | 384 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| IGO (ASX) Chart |