For those that either have lost sight of the fact of RED's fundamental valuation based on Siana alone plus cash excess to capex (AUD19 million approx), at various gold prices:
[10% discount rate, Ag = US$16 (current US$16.95)]
Current gold price US$1,100 - 30.2 cents per share
US$1,050 - 27.8 cps
US$1,000 - 25.3 cps
This confirms the absolute discount that RED is enduring at present, and BEFORE the start of first production any discount to gold price valuation will turn into a PREMIUM!
This is irrespective of Mapawa success or not.
This means RED is CHEAP IMO!
- Forums
- ASX - By Stock
- RED
- just a reminder
just a reminder
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RED (ASX) to my watchlist
|
|||||
Last
37.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.516B |
Open | High | Low | Value | Volume |
38.5¢ | 39.3¢ | 36.8¢ | $11.13M | 29.50M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 2477379 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.0¢ | 582841 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 2058957 | 0.365 |
29 | 1616098 | 0.360 |
25 | 460117 | 0.355 |
33 | 1773504 | 0.350 |
14 | 606732 | 0.345 |
Price($) | Vol. | No. |
---|---|---|
0.375 | 572401 | 5 |
0.380 | 203980 | 5 |
0.385 | 613692 | 5 |
0.390 | 2942601 | 13 |
0.395 | 753166 | 12 |
Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
Featured News
RED (ASX) Chart |