Windarra needs $15M for CAPEX/OPEX and contingencies and settles in 2 weeks. Equity component is $5M??? (my guess of 25M shares at .20 cents) This is a very small amount. Value of 350,000 -700,000 tonnes of output at 1.4% nickel is around A$90M - $1890M per year, before set-offs for processing and contract with BHP starting in late January of 2015.
Black Swan and Lake Johnson settle in 3 and 4 months. So settlement here is staggered and financed in December and January. POS stock price looks like it is set for a major and very significant re-rating. Good luck to all longs.
Windarra Funding
-
- There are more pages in this discussion • 87 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add POS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $18.56M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $9.661K | 2.404M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 90 | 66568063 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 16479836 | 30 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| POS (ASX) Chart |