simple equation:
Zince price = $3,500 AUD/ per tonne
Cost of production = $2000 AUD
Margin: $1,500 AUD
Target Production: 250,000 tonnes
Gross Cashflow = $375mln ($1,500 * 250,000)...
Capital cost = $55mln
Current Market Cap = less than $100mln....
One of the cheapest Zince player & huge reserve upsizes... ..... which mean an ATTRACTIVE TAKEOVER TARGET.....
latest announcement mergertakeover disccussion, page-4
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Last
72.0¢ |
Change
-0.005(0.69%) |
Mkt cap ! $201.2M | |||
| Open | High | Low | Value | Volume |
| 72.5¢ | 72.5¢ | 72.0¢ | $3.773K | 5.206K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100 | 72.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 20000 | 1 |
View Market Depth
| Last trade - 14.22pm 29/08/2024 (20 minute delay) ? |
| GRX (ASX) Chart |