Pretium produces 311,000ozpa with AISC of ~A$1,000 (US$743).
It sold for A$3.7b.
RRL paid A$903m for 30% of Tropicana valuing it at A$3b. Tropicana produces 500,000ozpa with AISC of 1,179.
That means at the current OzPOG of A$2,458, Pretium earns A$1,458 per oz for A$453mpa; while Tropicana earns A$1,279 for A$640mpa. Similar LOMs.
Conclusions:
1. In relative terms, Tropicana is worth nearly A$5b and RRL's 30% is A$1.5b;
2. RRL did not pay too much for their 30% interest in Tropicana;
3. I agree Hiepn2, RRL looks cheap.
https://themarketherald.com.au/newcrest-mining-asxncm-to-buy-pretium-for-us2-8b-2021-11-09/
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$1.80 |
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Mkt cap ! $1.325B |
Open | High | Low | Value | Volume |
$1.79 | $1.81 | $1.79 | $3.011M | 1.673M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 68947 | $1.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.80 | 21315 | 21 |
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No. | Vol. | Price($) |
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22 | 80404 | 1.795 |
21 | 86168 | 1.790 |
17 | 150647 | 1.785 |
12 | 333518 | 1.780 |
Price($) | Vol. | No. |
---|---|---|
1.805 | 91994 | 38 |
1.810 | 118279 | 28 |
1.815 | 219084 | 21 |
1.820 | 155171 | 15 |
1.825 | 75998 | 13 |
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