I agree that not all will be economically viable, but to say 3/4 will not be viable is significant and more then the average for a line. Particularly a mine with our high grade.
@betman even if you go conservative and use 70k oz at AUD $500 gives you revenue of circa $35m. When you add in ownership percentages, that gives circa $24mil.
With industry average of around 12 multiples, that gives a value of 288m. Add in value for historic 4.3moz and WA property, then it’s easy to see a MC of circa $350mil or SP of $.25c
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Last
1.5¢ |
Change
0.001(7.14%) |
Mkt cap ! $38.12M |
Open | High | Low | Value | Volume |
1.4¢ | 1.5¢ | 1.4¢ | $31.38K | 2.159M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 117857 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 227445 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 117857 | 0.014 |
11 | 6760916 | 0.013 |
3 | 1848411 | 0.012 |
12 | 1966032 | 0.011 |
8 | 1408999 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 227445 | 2 |
0.016 | 1607165 | 4 |
0.017 | 3059818 | 10 |
0.018 | 892545 | 3 |
0.019 | 833001 | 3 |
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