"You can throw your valuation model out the window if BAU hits stage 2 - Alumina refinery"
LoL - Well I wont throw it out the window because its the bread and butter of Stage-1 DSO that will get us to a refinery... and give us share-holders a return.
I will be very excited to put together a refinery/Alumina DCF if/when we get the green light!
Great Update, the confirmation of economic feasibility is awesome news (Not that I had any doubt)... Little disappointed we didnt get confirmation of more licenses granted.
Cheers,
Pat
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1 | 100000 | 0.031 |
1 | 30000 | 0.026 |
2 | 83400 | 0.024 |
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Price($) | Vol. | No. |
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0.040 | 46250 | 1 |
0.042 | 180000 | 1 |
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