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40.0¢ resolute mining limited

Updated Valuation and SWOT - RSG, page-24

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jogo

787 Posts.

147

26/02/19

23:18

Post #: 37579071
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Originally posted by brianchu82: ↑

I have a general rule of thumb on EV/AISC-adjusted production:

$800-$1 800/oz for junior producing companies with production under 150 000oz p.a.
$2 000-$4 000/oz for mid-tiers with production between 150 000-500 000oz p.a.
$4 000-$6 000/oz for upper mid-tiers where production exceeds 300 000oz p.a. and consistent free cash flow generation
$5 000-$7 000/oz for large producing companies where production is between 500 000oz-1Moz p.a.
$6 000-$8 000/oz for major producing companies with production exceeding 1Moz p.a.

The ranges may be adjusted up or down depending on quality of the company, stability of their performance, management quality and sovereign risk. It is quite a black box and requires subjectivity. The range is therefore broad because it gives greater margin of safety. If the stock is trading outside this broad range, I would call them very over/undervalued. Within the range, they can be slightly over/undervalued.

I don't seek precision. I seek safety. Better to miss a pitch than to swing too often.

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Hi Brian,
Can you please explain what you mean by "AISC adjusted production"?
Cheers,
Jogo

RSG Price at posting: $1.14 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 40.0¢		Change -0.005(1.23%)		Mkt cap ! $1.543B

Open	High	Low	Value	Volume
40.5¢	40.5¢	37.5¢	$22.35M	57.19M

Buyers (Bids)

No.	Vol.	Price($)
2	14881	39.5¢

Sellers (Offers)

Price($)	Vol.	No.
40.0¢	668567	8

View Market Depth

No.	Vol.	Price($)
1	20000	1.245
14	458433	1.240
12	312067	1.235
6	139692	1.230
6	131961	1.225

Price($)	Vol.	No.
1.250	371388	17
1.255	220916	10
1.260	134993	10
1.265	104166	6
1.270	38032	5

Last trade - 16.10pm 25/11/2024 (20 minute delay)

RSG (ASX) Chart

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