Even though the DFS didn't include Hellyer mine and Que River... Bass makes it clear that they will mine the other two once Fossey goes dry.
To include Hellyer (And assume CAPEX is funded by Fossey profits) we get:
Fossey 5yr NPV @ 5% = $76M Cash Flow / 160M shares = 0.48c per share.
Fossey 5yr NPV @ 10% = $66M Cash Flow / 160M shares = 0.42c per share.
And according to recent Annual Report, this is underpinned by $40M in Net Assets... Or after dilution 25c per share.
23c seems like an excellent price... I'll definitely take my entire entitlement.
Even though the DFS didn't include Hellyer mine and Que River......
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GW1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
6.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.16M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 48930 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 340 | 1 |
View Market Depth
| Last trade - 10.04am 15/10/2024 (20 minute delay) ? |
| GW1 (ASX) Chart |
Day chart unavailable