looks like plenty of 708s we're happy to raise at 30c
this may be why
next quarter update now that BME is ramping up which is
150,000t (BASE case)
low = $200 USD/t = $30M
mid = $250 USD/t = $37.5M
high = $300+ USD/t =$60M = $100M AUD
300,000t (BULL CASE)
low = $60M USD
mid = $75M USD
high = $90M USD = $157M AUD
current MC 511 AUD
you can see why the 708s lines up to take a piece at 30c, I think that's fair value of where the project is now, and takes into account the risk over next 6-12 months, BULL CASE has fair value post quarter results at a re rate of
Q4 target
+50c
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