from Panmure's report;
“Our target price of 39c a share incorporates our longer-term diamond price assumptions, foreign exchange forecasts, the full dilution arising from options outstanding and our highly conservative approach to the valuation of alluvial diamond projects,” Hodgson says.
“We see at least 30 per cent upside to our Lulo base case of A$98.8 million if we assume management’s base production profile, an average resource grade in line with the resource statement and an average production value of US$2000 a carat, thus producing a A$130 million, or A47c a share, value.
“At this time, we ascribe no value for the kimberlite exploration program but should the upcoming drilling program prove successful, the investment opportunity would be significant''
hex 39c is good but as above no doubt A47C a share is better
glt lommers
LOM - volume back, fasten your seatbelts, page-11
-
- There are more pages in this discussion • 110 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 LOM (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.60M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 464871 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 38819 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 464871 | 0.039 |
1 | 13000 | 0.038 |
1 | 60000 | 0.037 |
2 | 123111 | 0.036 |
3 | 381414 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 281926 | 2 |
0.043 | 138576 | 3 |
0.044 | 112000 | 1 |
0.045 | 38400 | 2 |
0.046 | 181600 | 2 |
Last trade - 11.00am 16/10/2024 (20 minute delay) ? |
Featured News
LOM (ASX) Chart |
Day chart unavailable
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online