I have just have changed my cash flow numbers to change gold/silver/exchange rate to US$1,050/oz, $15.0/oz, 0.89 cents respectively, and using a 10% discount rate get the following (by the way I typed incorrectly the previous post, I meant US$1,050, not US$1,105/oz - very sloppy Beatle!).
For US$1,050/oz:
RED valuation = 28.7 cents
Ave annual EPS (life of mine, ie over 10 years) = 6.0 cps
Ave (Life of mine) P/E = 2.24 (based on 13.5 cents!!!).
Those numbers prove this current share price and panic is absolutely CRAZY. It MUST recover simply due to the revenue profile when in production.
I have just have changed my cash flow numbers to change...
-
- There are more pages in this discussion • 10 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 RED (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
36.5¢ |
Change
0.005(1.39%) |
Mkt cap ! $2.482B | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 37.5¢ | 36.0¢ | $8.768M | 23.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1439618 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 357787 | 9 |
View Market Depth
| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| RED (ASX) Chart |