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/
Pretium produces 311,000ozpa with AISC of ~A$1,000 (US$743).It...
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Last
$4.49 |
Change
-0.070(1.54%) |
Mkt cap ! $3.392B | |||
| Open | High | Low | Value | Volume |
| $4.54 | $4.54 | $4.45 | $14.40M | 3.212M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2269 | $4.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.50 | 55705 | 3 |
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| Last trade - 16.12pm 26/06/2025 (20 minute delay) ? |
| RRL (ASX) Chart |