resource announcment - npv Read the annoucnment yourself if you're interested but basically substantial increase in resource size and they've calculated a rough NPV of $74 mil with an IRR of 55% and a payback period of less than 2 years. Very impressive for a company capitalised at under $10 mill.!
The Chinese smelter company took a placement at around these prices before they'd done these calcs or expanded the rsesource size so looks pretty good value to me.
Any thoughts?
Cheers
hots
- Forums
- ASX - By Stock
- URL
- 94 metres @ 94% cu & 0.08 au
94 metres @ 94% cu & 0.08 au, page-7
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add URL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online