"For Great White I valued the Reserve at higher confidence (20% discount). This is the basis of the PFS. I valued the main zone at AUD $700 / tonne as per the PFS ... so this is conservative given there could sell a concrete product from this resource ( pricing could be up to AUD $4500 / tonne ).
80% discount applied as it is a Proven & Probable Reserve. ADN's share is by my calculations worth $0.26 per ADN share (discounted)"
Holy [cash] cow ! If all on Great White were to go to concrete additive, that's 6 x better return , $700 to $4500/ton. Easier/cheaper to produced.
This switch is bit of a no brainer and the delayed DFS seems to suggest management think do too.
SP $.26 x 6 = $1.82
- Forums
- ASX - By Stock
- ADN
- General comments/chat
General comments/chat, page-13294
-
-
- There are more pages in this discussion • 31,402 more messages 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 ADN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $27.14M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $19.44K | 2.588M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
63 | 22052597 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 12135336 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
62 | 21695455 | 0.007 |
50 | 20675989 | 0.006 |
28 | 14731122 | 0.005 |
8 | 10525000 | 0.004 |
6 | 19278333 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 12090336 | 21 |
0.009 | 15782560 | 15 |
0.010 | 8936966 | 12 |
0.011 | 14267431 | 6 |
0.012 | 13520921 | 6 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
ADN (ASX) Chart |