Assumptions; Gold @ $600, Company forcast is correct (70,000 oz)
Per ounce profit (600 - 350): 250
shares on issue: 200mil
estimated '07 extraction: 70,000oz
17.5mil profit / 200mil shares = 8.75c per share
PE of 8 = 70c
I realise there's more to it than this, but is there anything that would lead us to belive that their forcasts would be incorrect or way off? Even half the amount of gold mined would give a price of 35c which is reasonable.
- Random
- Forums
- ASX - By Stock
- valuation
Assumptions; Gold @ $600, Company forcast is correct (70,000...
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BMO (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.532M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 3050000 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 1209250 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 3050000 | 0.005 |
13 | 6603448 | 0.004 |
2 | 933333 | 0.003 |
2 | 1700000 | 0.002 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 1209250 | 5 |
0.007 | 1358286 | 2 |
0.008 | 1470958 | 3 |
0.009 | 1129565 | 3 |
0.010 | 1800000 | 3 |
Last trade - 11.26am 13/09/2024 (20 minute delay) ? |
Featured News
BMO (ASX) Chart |
Day chart unavailable