So undervalued23 Jul 2020 20:50
I did some calculation to where the sp should be, Measured Total Mineral Resources is 413,000 ounces of gold, if gold price is at 1800 and I can't find the All in sustaining cost (AISC) of gold production so i guess 1200(which is twice as high than other gold proudcers) then the profit will be 600
600 x 413,000 = 247m and that not including the Mineral Resources for the other silver, lead and zinc
our market cap is currently at £66m and if our MC is at £247m our sp should be around 143p and that what i think this share is so undervalued at current gold price, sp was 160p when gold price was at 1350 back in 2018