Not quite right. Your numbers assume that we are currently trading at 10c, not 4c. If we raise at 4c there will be roughly 1.3B SOI so we are trading at $50M odd, but if we raise at 10c there will only be ~600M SOI so we are currently trading at $25M MC. Let's hope the SP moves north over the coming months.
Either way, with potential EBITDA of $30M AUD per annum for the initial 1000t plant there is still huge upside.
Ann: Polar Sapphire Acquisition, page-12
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Mkt cap ! $3.711M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 23395005 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 35323523 | 12 |
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