Just as expected the cards are revealed only after ASX 300 inclusion on Monday. No news for months and then 2 announcements back-to-back. Puzzle pieces clicking in place. Three contract revenue about $45M? a quarter starting July. WL financing likely to start around the same time and the contracting cashflow will service the debt. If they FID next quarter and begin WL mining mid-year, by December they should reach steady state. Beta Hunt job probably winds down December - the guys can then move on to PD and start work there. Good that the MINres and Beta Hunt projects are relatively short-term, means they can work on the company's assets WL/PD/SS instead. The SP might not reflect this, but the stock's about to pop. My almanac still says this will burst through 52-week high on 29-April 2024.
DVP Technical Analysis, page-2221
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$2.22 |
Change
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Mkt cap ! $541.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.11 | 3 | 1 |
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