the recent purchase of focus over at laverton was for $63 oz in ground. we have many million ozs in ground but not proven or even found yet so based on our 1.2 mil ozs we are roughly valued at $75 mill thats 3c per share plus the plant. therefor i cant see a takeover being considered by shareholders or board. we have a long way to go before we are valuable enough to attract a high enough offer. but then we are so close to production that it all changes. suddenly we are on the cusp of nett earnings in excess of $100 mil per yr at pe of 10 we are valued at approx $1 bill, around 40c a share. yep i'll take that thankyou.
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $440.2M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 35000 | 1 |
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| Last trade - 15.12pm 17/06/2025 (20 minute delay) ? |
| MEK (ASX) Chart |
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