Interesting proposition. Still a specy for sure. High C1 costs at AUD $76, due to the long, 490k diesel haul to Geraldton. Short mine life at 6.5 years. No cash flow yet, just cash burn at around $1.3 mil per quarter(app $9mill capital) But priced as a specy too. Hmmm. The question really is- how long does the high IO price hold? If you see it stay at or above $US120 for 2021- looks like a bargain. Drops below $US$100 per mt, not so clear. But hey- every great company started somewhere. Why not FEX?
Ann: Port access secured at Geraldton Port, page-52
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Last
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $190.9M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.5¢ | $347.8K | 1.327M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 240502 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 155900 | 5 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| FEX (ASX) Chart |