These valuations seem way too high. In February, Harmony paid $280m AUD for Ashanti's Mponeng Mine which has 8.27 million ounces in reserves. The deal also included a profitable tailings business. Granted, the gold price has appreciated 20% since then but it's worth keeping some perspective here. Find it hard to believe WWI will be valued around the same as a mine that is producing around 350,000 ounces pa.
These valuations seem way too high. In February, Harmony paid...
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Last
1.5¢ |
Change
-0.001(3.33%) |
Mkt cap ! $36.85M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $12.02K | 803.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3343571 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 414345 | 2 |
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| Last trade - 13.57pm 26/07/2024 (20 minute delay) ? |
| WWI (ASX) Chart |