well we finish the year with Gold at around 1280 and AUD/USD of approx 0.70.
For the year the upper end forecast is 300K ounces. Well in raining season they did 72,5K so we need approx 77.5 K to stay on track for 300 K ounces.
Using the number above ( and assuming AISC is 950 USD per ounce) you get share price of 0.7 on multiplier of 5 .
The question is what will happen if we get to USD of 1400 ? Assuming multiplier of 5 - That would have us at 0.96 cents per share AUD.
What will 2019 CY bring?
What to look forward too?
Q2 Results
Mining Permit
Finance
Warrant underwriter.
2019 could be the year of the Phoenix for Pru
PRU Target Price : 70 Cents, page-422
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$2.67 |
Change
-0.010(0.37%) |
Mkt cap ! $3.674B | |||
| Open | High | Low | Value | Volume |
| $2.64 | $2.67 | $2.64 | $7.206M | 2.706M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11012 | $2.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.67 | 96459 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PRU (ASX) Chart |