OBM guidance yesterday is setting sights on producing gold at the rate of 150,000 ounces next year at a cost of ~$2000 per year.
That’s going to be ~$225 million a year in operating cashflow at current gold prices
Current market capitalisation is $724 million
no debt, no tax to pay for first couple of years, infrastructure in place, very capable experienced management team, open ended exploration upside etc etc
What do we think is going to be a fair and realistic market valuation for such a company in 6 months?
Let’s have a little competition …. and keep a record
To kick off … my prediction is 65 cents by Dec 31 2024
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- Next big target $4000 an ounce, I must assume
Next big target $4000 an ounce, I must assume, page-63
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Last
43.0¢ |
Change
0.005(1.18%) |
Mkt cap ! $789.4M |
Open | High | Low | Value | Volume |
43.5¢ | 43.5¢ | 41.5¢ | $861.0K | 2.019M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 55735 | 42.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.0¢ | 63236 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 77620 | 0.425 |
6 | 64503 | 0.420 |
9 | 97923 | 0.415 |
12 | 119673 | 0.410 |
9 | 122843 | 0.405 |
Price($) | Vol. | No. |
---|---|---|
0.430 | 88979 | 11 |
0.435 | 35318 | 8 |
0.440 | 113666 | 8 |
0.445 | 94779 | 4 |
0.450 | 160790 | 8 |
Last trade - 12.07pm 15/07/2024 (20 minute delay) ? |
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