Record High NP us$55,000 pT, page-43

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Desi13

7 Posts.

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15/04/24

18:46

Post #: 73355075
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Originally posted by tomboy: ↑

NP hit an 11 month high last night of $8.43

UP 4.6% overnight

in AUD$ terms thats now $28,500 pT
WAY ABOVE the prior CEO targets of $23,000
in fact 24% higher than this stated figure for restart of POS production operations.

Its not near the high of US$55,000 in 2022 but its way above the restart prices needed as quoted in the past.

The prior BFS for BS restart 2023 was cited at $4.90 uslb, its now 8.43 being 72% higher than the required figure
Ignoring unassessed nonBFS speculative commentary on my maths the AISC should now be around $3.30 uslb based on a lower AUD$ and slashed costs due to 6,000 Ni workers made redundant the last 9 months at WSA/IGO AFAF/MCR/Wyloo POS BMM BHP PAN now.

Market thinks POS will not benefit from higher NP and its more of the same flaccid management and backstabbing top 3 but hasn't worked out what the MINRES GMD deals do for POS nor the $1,000M in FED grants & royalty reductions that are available for WA NI industry nor how much of that POS is going to access.

The market has ignored POS and the NP here but hasnt with MINRES nor with IGO.
The market has rerated MINRES MCap UP $1,200M since it purchased POSs LJ project for a pathetic $15M cash from its $1,400M cash pile.

Expect NP to retrace back to market price around 10-15 FAST imho.
expect POS fireworks as a result.
I was SPOT ON on this NP move and you plodding downramping pundits were not.

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Have followed you for years Tomboy. Keep going.

POS Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
3 Upvote

1 Great analysis

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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $16.71M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.4¢	$17.80K	4.124M

Buyers (Bids)

No.	Vol.	Price($)
68	47816915	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	13989612	30

View Market Depth

No.	Vol.	Price($)
61	46965468	0.004
36	29029342	0.003
22	27707751	0.002
19	25600201	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	13694923	29
0.006	27126436	18
0.007	51841522	29
0.008	6310827	16
0.009	3738198	12

Last trade - 15.52pm 02/08/2024 (20 minute delay)

POS (ASX) Chart

Record High NP us$55,000 pT, page-43

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Record High NP us$55,000 pT, page-43

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