If ABU can extract 60,000 ounces with a $500 margin per ounce, with a PE of 10 we should see share price of $1.05, excluding any dilution. This is just from Old Pirate, surely things should grow from there? Looks like a good story to me, not going to make us filthy rich but we should have a good year or two.
Are my calculations sound?
Reading the tea leaves....
Add PRX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $5.294M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $1.056K | 422.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 10541362 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 19056922 | 19 |
View Market Depth
| Last trade - 10.09am 03/07/2024 (20 minute delay) ? |
| PRX (ASX) Chart |