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.
Down 19.4% in 8 days.$1.6B market cap.$300m in the bank.That...
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Last
$2.03 |
Change
-0.045(2.17%) |
Mkt cap ! $1.537B | |||
| Open | High | Low | Value | Volume |
| $2.05 | $2.06 | $2.02 | $3.400M | 1.672M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 210561 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.03 | 29120 | 26 |
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| Last trade - 14.40pm 27/09/2024 (20 minute delay) ? |
| RRL (ASX) Chart |