Beatle
Your EPS seems to me very optimistic as Lihir(LGL) with 2.4B shares but more than 1Moz production & production cost of around $350 per oz manages EPS of 11c.Plus no debt.
So approx 3X more shares on issue( LGL 2.4B RED 900M)but 10X more production(LGL 1Moz RED 100Koz),LGL no debt RED's debt US$40M, similar production cost. LGL EPS 12.2c your estimate RED EPS 9.1c.
To me your analysis, quoted yesterday, was very optimistic and probably unrealistic.
BeatleYour EPS seems to me very optimistic as Lihir(LGL) with...
Add VAU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
34.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.346B | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.0¢ | 34.0¢ | $4.968M | 14.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 57040 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 1402651 | 30 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| VAU (ASX) Chart |