S2R 1.23% 8.0¢ s2 resources ltd

What's a Baloo ounce worth? $59m market cap less $21 in the tin...

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  1. 376 Posts.
    What's a Baloo ounce worth?

    $59m market cap less $21 in the tin is $38m, less the $3 spent this current Q is $35m, less say $10m (generous for the base metals??) is say $25m. Over the 264,000 0unces that is an average of $95/oz.

    Or for those who put $0(unfairly?) on the base metals at present that is $35m for the Baloo ounces or $132/oz.

    Anyways, mere conjecture, however by doubling Baloo (and adding other Polar Bear) ounces it is fair to say that it could have an important effect on value.

    Seems like a "no brainer" except that S2R focus seems to have shifted away from precious metals?!???!!!
 
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Last
8.0¢
Change
-0.001(1.23%)
Mkt cap ! $37.58M
Open High Low Value Volume
8.0¢ 8.0¢ 8.0¢ $277 3.462K

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No. Vol. Price($)
1 6977 7.4¢
 

Sellers (Offers)

Price($) Vol. No.
7.9¢ 49999 1
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Last trade - 10.08am 22/11/2024 (20 minute delay) ?
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