A very wild guess Siren based on fundamentals is 10cps although hubris could have it up to 14cps.
Basis of this guess is as follows:
Cash figure from June quarterly - $2,514,000
Plus cash raising from offer - $ 750,000
Less cost of StarFinch-1 - $ 480,000
Less soon cost of LakeMacLeod-1 - $ 320,000
This gives a nett of $2,464,000 so say $64,000 costs for the month then a round $2,400,000 for cash resources.
Based on 31,106,107 fpo (forgetting the options) this gives a cash backing of some 7.7cps. On top of this DVM has the Lake MacLeod-1 drilling and a listed vehicle to add value. And of course it has Ivan. So a 10cps guess.
A very wild guess Siren based on fundamentals is 10cps although...
Add to My Watchlist
What is My Watchlist?