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02/04/22
21:45
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Originally posted by Cadel:
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If we look at our potential profits over the next year you would have to think we are undervalued even if we only owned the two producing assets. Wonder what we would be worth on those alone. Also wonder what we would be worth on the non producing assets alone. If they were two separate companies the combined SP would be well north of here. Funny old business this sometimes. Looking bloody good when it all catches up. Wonder what they will do with all that cash? Mind boggles. There will be more than enough to build all of our current assets. Do they go into the converter business in NA or give us a bit of cash back. Even giving a small dividend next year will send a nice signal that there will be more to come and we can attract a whole different kind of investor.
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If it were me I would spend all that money on a hydroxide plant or 2 to improve returns I wouldn't be looking to develop more mines no point in flooding the market AIMHO Regards TT