whatever the share price is when we sell the company has to be worth $2b. There is a lot of value in the new leases we have been granted that have not and may never be realised by the stock market for a variety of reasons including country risk.
Driving the s/p up by using buybacks doesn’t actually change the intrinsic value (future cash flows) of the company. In fact it doesn’t increase the market cap either in a fairly traded stock because you need cash to do it. The only reason a buy back will increase our market cap at the moment is because it’s being manipulated and will therefore take these manipulators out.
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- November production --> was it really + 5,700 ounces ????
November production --> was it really + 5,700 ounces ????, page-177
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Last
$1.26 |
Change
-0.005(0.40%) |
Mkt cap ! $323.4M |
Open | High | Low | Value | Volume |
$1.25 | $1.27 | $1.24 | $240.7K | 191.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1920 | $1.26 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.28 | 7667 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1920 | 1.255 |
5 | 31473 | 1.250 |
1 | 1921 | 1.245 |
4 | 58760 | 1.240 |
1 | 2429 | 1.235 |
Price($) | Vol. | No. |
---|---|---|
1.275 | 7667 | 2 |
1.280 | 2701 | 2 |
1.285 | 1921 | 1 |
1.300 | 10054 | 2 |
1.350 | 3787 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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