Am liking your thinking 1S1.
Based on feaso study which stated $500/ct = $4m net per mth for just aluvials, then look at the following;
@ an ave sale price of just $5000/ct = $40m/mth = $480m per annum
Shares = 208.7m fully diluted
EPS = approx. $2.30
P/E ratio
of 5 = $11.50
of 7.5 = $17.25
of 10 = $23.00
Sure is worth a punt
Cheers
Am liking your thinking 1S1.Based on feaso study which stated...
-
- There are more pages in this discussion • 4 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 LOM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7.1¢ |
Change
-0.001(1.39%) |
Mkt cap ! $20.59M | |||
| Open | High | Low | Value | Volume |
| 7.2¢ | 7.2¢ | 7.1¢ | $1.014K | 14.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 161000 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 108501 | 4 |
View Market Depth
| Last trade - 13.39pm 30/07/2024 (20 minute delay) ? |
| LOM (ASX) Chart |