E25 2.04% 24.0¢ element 25 limited

Yo Roberts, i generally prefer trader/investor to DYOR. But you...

  1. 173 Posts.
    Yo Roberts, i generally prefer trader/investor to DYOR. But you are right in that i do know something especially regarding the top 20 shareholedsr movement but i am reluctant to share. YOu can e-mail the director and they will give you the list and you can work out from there onwards. All i can say about peak hill is that the focus in not limited in there itself but rather MT Padbury. If investors keep focusing peak hill think how limited its potential without thinking about MT Padbury, they could be in for a surprise. Also we can do a simple calculation. Assuming 200,000 ounces of gold (AU) and we got 3.1 M shares. 200,000 X $800 per ounce of gold /3.1M shares = $50 per share. Assuming the mine life is 10 years instead of 20 because its life has depleted by previous owner, you get about $5 per share at max. The cost of mining and stuff like that take probably about 80% so you get about $1 to be conservative. Now you probably know this share should worth around $1, the next question is when. Answer again is in today's announcement which is no more than 3 years. One bad things about all these is that MZM has probably spent $1.5 M on this peak hill acquisition. THeir fund is running low, how will they the extra cash, now thats the thing we should be focusing....


 
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Last
24.0¢
Change
-0.005(2.04%)
Mkt cap ! $52.20M
Open High Low Value Volume
24.5¢ 24.5¢ 24.0¢ $15.34K 62.79K

Buyers (Bids)

No. Vol. Price($)
1 41909 24.0¢
 

Sellers (Offers)

Price($) Vol. No.
24.5¢ 13600 1
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Last trade - 15.32pm 21/06/2024 (20 minute delay) ?
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