Because the PFS was done on 4mtpa but we are going straight to 5mtpa as of DFS, so yes you are missing something and those EBITS were calculated on a base selling price of $500t/US which is way below our CEO saying selling price will be around $800-$900us/t when we start selling. Adding in a 5mtpa will lower our costs even more using the PFS EBIT is now redundant as costs per tonne will be lower than that.
Its kind of like saying the NPV of the project is on $715m why is the MC $1.1B it must be overvalued.... not taking into account the 2mtpa DFS was completed on selling price of $500/US T and a lower reserves estimate that has been revised higher.
Future share price, page-35
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Last
$3.01 |
Change
0.050(1.69%) |
Mkt cap ! $9.059B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.04 | $2.96 | $47.61M | 15.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 168080 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 137639 | 2 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |