Down 19.4% in 8 days.
$1.6B market cap.
$300m in the bank.
That $300m DOES NOT include the extra $40m from the lower sale price of Tropicana.
FY 22 forecast ~500,000 oz gold production per year with AISC of A$1300 per oz, and a gold price of A$2450 whicih means a profit of A$1150 per oz is only worth an EV of $1.3B.
Correct me if I am wrong, but $1,150 * 500,000 = $575,000,000 profit (or there abouts) next year.
AND we have McPs, a 200,000 oz pa project with a DFS due any day now, that is in the final phase of approvals with the government.
This is beyond crazy.
Under valued, page-253
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Last
$1.68 |
Change
0.050(3.08%) |
Mkt cap ! $1.265B | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.69 | $1.62 | $7.424M | 4.468M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 19775 | $1.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 15224 | 2 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |