Q2 2025 free cash prediction ....23 Jul 2025 00:32
They making about 50% margins on AU$5,000 gold so say AU$2,500 which is say GBPΒ£1,250 an ounce. Then multiply by say 90,000 ounces = Β£112.5million free cash flow for Q2 is my estimate.
Times 4 for annualised estimate of Β£450million. π€π°πΎπ₯ Whatβs a suitable valuation multiple on Β£450mill pa. Times 10 = Β£4.5billion. Current market cap is circa Β£2.25bill.
That is 100% upside to the share price. 330p x 2 upside = 660p share price target. πππ°