Not just bold, but ballsy. No caveats, assumptions? :)
Lets say, AUD gold price stays up through to the end of the year (historically normal), some moderate improvements in mining (20K on the next quarter). From the back of the envelope this should be roughly break even for NGX after cap spending, I guess this at a 60% probability.
Then, a forward looking price to 0.7 in December. OK, solid, check back in 4 months.
crystal balls, page-2
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.40M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 19.0¢ | 16.0¢ | $9.203K | 51.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14257 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 29041 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| NGX (ASX) Chart |
