Hi All,
did anyone note this sentence:
"there's now reasonable expectation that the company is going to pursue EARLY SUCCESS from its GOLD & BASE METAL projects with a commensurate expectaion that the non executive directors will be called upon to allocate an increase in both time & concentration on the company's progress"
that means 1 thing & 1 thing only:
* Feysville is a GOER - they mentioned gold first.
* Sandeigo Cu will come into play soon due to the increased prices in copper!!!
let's assume only Feysville at this stage:
* assuming 50,000 lb outcome (as targets BEFORE the southern sheer area results).
* assuming operational costing of say $500/lb.
* today's price of gold is $1,054.
total profit of 50,000lb outcome would be around US$33m of PROFIT, convert that to AUD$ then we have around AUD$36m of profit.
if we divide that profit per share, then each share will have worth of cash in bank around 7.2c/share + add the potential for other projects (which market already paid 3c/share for recently) = 10c approx.
many variables in here to evaluate Feysville & the more info we get the more accurate we can become in finding a fare value!
the 1 thing I'm sure of is that 4c is NOT a fair value of what could be a 10c share ONLY on the smallest project we have.
KP is in today's rates could be the equivalent of 84c in the 5 years (life of mine), so make up your mind to what potential we have!!
AAR is currently dirt shape & i don't anticipate the SP to stay that cheap for long - plenty of profit hunters are out there that look for easy money & big potentials.
pls feel free to correct if any of my figures were anyhow wrong.
I hold, biased & pls DYOR.
cheers,
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- the extremely good announcement we have!
Hi All,did anyone note this sentence:"there's now reasonable...
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7.8¢ |
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Mkt cap ! $72.94M |
Open | High | Low | Value | Volume |
8.0¢ | 8.0¢ | 7.8¢ | $49.03K | 621.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 160000 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 260800 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 160000 | 0.077 |
3 | 203805 | 0.076 |
1 | 13000 | 0.074 |
1 | 150000 | 0.072 |
1 | 20000 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 260800 | 2 |
0.080 | 328232 | 2 |
0.083 | 12000 | 1 |
0.086 | 300000 | 1 |
0.087 | 300000 | 1 |
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