Thanks @Pricklyman!
Comments regarding Spot price make perfect sense, and totally forgot about ownership (this gets complicated with Australian tenements I understand). The resource/reserve amounts in Mlbs was taken from the Annual report 2023.
The Net Value of the Resource/Reserve takes into account AISC of $27.40usd/lb (as I understand the AISC accounts for all outlay over the life of the mine?). I then divided the Net Value by number of shares for speculative pricing. Is there something else I haven't considered here?
Ultimately, I was trying to find a metric for evaluating against the MCAP/Share price, something like an enterprise value (I think)??
Maybe I have taken the wrong approach entirely.
Revised spread below. Seems a little more realistic.
Thanks @Pricklyman!Comments regarding Spot price make perfect...
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Last
$15.33 |
Change
-0.110(0.71%) |
Mkt cap ! $4.575B | |||
| Open | High | Low | Value | Volume |
| $15.62 | $15.74 | $15.25 | $19.73M | 1.281M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 2935 | $15.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.35 | 4631 | 2 |
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| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$15.35 |
Change
-0.110 ( 0.73 %) |
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| Open | High | Low | Volume | ||
| $15.61 | $15.72 | $15.25 | 203869 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
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