ARD 0.00% 6.0¢ argent minerals limited

Ann: Additional Information - Presentation to Investors-ARD.AX, page-2

  1. 4,119 Posts.
    lightbulb Created with Sketch. 63
    on page 2 of this ann,
    "The contained metal equivalence formula is based on the following assumptions made by Argent:
    Silver price: $US 30/oz ($US 0.9645/g) Gold price: $US 1,500/oz"
    The assumptions on Ag and Gold price was too high and never yet been reached over the past few years.
    And also check on the grade, is a bit low compared with its peers.
    Anyway that is probably the reason for the share price.
    IMHO
 
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