I was going over the numbers in our heads with an associate this morning , using A$100 a gram gold , and they have around 4.5 gram a tonne gold recovered in their resource
even if you take out 2 grams a tonne for costs (mining processing and transport and overburden removal that leaves 2.5 grams a tonne for free cashflow
2.5 grams = A$250.00
$250.00 * 1.5 million tonnes = $325 Million
Dont know about you but if someone asked me for $80M for OAU that is likely to make me $300M in 2 years , I would take it
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.98M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $41.06K | 5.866M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 4943543 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 18242227 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 5228328 | 0.007 |
17 | 39729222 | 0.006 |
16 | 19717686 | 0.005 |
15 | 22480397 | 0.004 |
6 | 3190003 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 18242227 | 18 |
0.009 | 5536907 | 7 |
0.010 | 7996266 | 10 |
0.011 | 1700000 | 2 |
0.012 | 1000000 | 1 |
Last trade - 13.58pm 18/09/2024 (20 minute delay) ? |
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