Terrific 3rd qtr from Nevsun's Bisha mine....108k ozs sold at an average of over $1700. Cash costs at about $264 per oz. Nevsun mkt.cap is over $1bn, cf CHN at $70m. Even if CHN only manage to achieve their current target of 100k oz pa, albeit at a slightly higher cost (ie grades at Bisha are currently around 8.45 gpt, CHN 5.1 gpt) it is selling at a huge discount to Nevsun....yes, I know they have a lot of hurdles to jump through before they actually start producing, and the gold price could be either dramatically lower (or higher!) but they do look cheap at current levels.
Terrific 3rd qtr from Nevsun's Bisha mine....108k ozs sold at an...
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Last
$1.34 |
Change
-0.050(3.60%) |
Mkt cap ! $571.8M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.33 | $2.161M | 1.585M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18387 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 3757 | 2 |
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| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |
