Produced 6300 ounces of gold, but only sold around 3300 ounces for $4,618,000.
So net operating cash flow would have been around $4.2m plus $1.725m being $5.925m---around 10c per share---not bad for 1 quarter.
Somebody please tell me that business is not worth $40m plus.
Look at my previous post for my thoughts on a $2 valuation
Awaiting the outcome or valuations from the proposed vend.
quarterly re affirms my valuation
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$2.15 |
Change
0.060(2.87%) |
Mkt cap ! $92.70M | |||
| Open | High | Low | Value | Volume |
| $2.15 | $2.18 | $2.07 | $153.1K | 71.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 82 | $2.15 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.18 | 21120 | 2 |
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