Won't do ? Or Can't do
Your Company has released a PFS this week (Was suppose to be a DFS) that highlighted a combined NAL + Authier NPV8 Post-Tax of US$428m (A$605m) for your 75% interest in each project.
As for the Value of Moblan today ? Well the truth is you don't have a feasibility study and are years away from having one. What is the value of early drill results regardless of how promising they are ?
The Answer to that Question can be answered by the JORC + NI 43-101 Codes. Both instruments contain wording along the lines of "Mineral Resources are not Reserves until they have demonstrated economic viability based on a feasibility study or prefeasibility study". What is the economic value of drill results without demonstrated viability of access / approval / extraction / processing ? Not much IMO
As for your other "Tenements"
As it stands today SYA has a demonstrated value by way of a feasibility study that shows SYA's interest in Authier + NAL is worth A$605m, what is your Market Cap again ???
Ann: Trading Halt, page-285
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2.8¢ |
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0.001(3.70%) |
Mkt cap ! $298.5M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.9¢ | 2.7¢ | $314.0K | 11.12M |
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| No. | Vol. | Price($) |
|---|---|---|
| 22 | 2185670 | 2.8¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 6532160 | 29 |
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| Last trade - 14.43pm 07/08/2024 (20 minute delay) ? |
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