Reading this thread has made wonder how we do actually value a company.
Sure we have market caps, PE, etc, but how the hell does that relate to what SFR have in the ground?
So far I have just been doing back of the beer coaster calculations based on drilling results and coming up with estimates of tonnes of copper,gold,silver etc.
I personally believe SFR have at least 100,000 tonnes of copper and probably well over 60,000 ounces of gold.
A lot of it seems reasonable shallow , and there may be significant oxide resources.
I keep getting back to a figure of around $5-6/share if there is no dilution to raise capex for the mining.
But I am sure this has all gotta be wrong.
Does anyone have any better ways that they would be willing to share??
keep the party going!!, page-48
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Last
$10.55 |
Change
-0.010(0.09%) |
Mkt cap ! $4.836B | |||
| Open | High | Low | Value | Volume |
| $10.90 | $10.92 | $10.54 | $15.00M | 1.405M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4884 | $10.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.56 | 5805 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SFR (ASX) Chart |