Australia's largest stock trading and investment forum Australia's #1 stock forum

AS2

Click for more information

0.00%

1.8¢ askari metals limited

Ann: Askari Appoints Leading Investment Bank as Advisor, page-23

First 23 Last

Share
Profile

Follow
cocoman

13,734 Posts.

335

16/05/23

10:46

Post #: 67794586
Share

Originally posted by FingerLicking: ↑

something along those lines (JV/partnership) is what i'm thinking! ATM's project's NPV was estimated at US$2bn with an internal rate of return of 75% & capex estimated at US$440mln; as i'm confident we also have the goods, we'll strategically get into bed with them soon:

"An earlier preliminary economic assessment put the net present value of the project at US$2bn and an internal rate of return of 75%. Those figures are based around plans to process 10mln tonnes of ore per year over 14 year mine life, to produce a total of just under 275,000 tonnes of tin, 17,300 tonnes of tantalum, and 1.1mln tonnes of lithium dioxide.

Under this scenario, lithium would account for just over 60% of revenues, with annual EBITDA expected to run at over US$600mln, and margins at upwards of 64%"

https://hotcopper.com.au/threads/institutional-buying.7172061/page-81?post_id=65724570

Expand

Yet Andrada has a MC of only 87M Pounds.... ?
or
$167M AUD

AS2 Price at posting: 42.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

WR1

Winsome scoping study proposes low-cost operation for Adina lithium project

WMG

Western Mines identifies 2 high-grade zones at Mulga Tank in WA

PTR

Petratherm adds $1.6 to the piggybank ahead of SA titanium drilling program

SNG

Siren Gold boosts antimony resource by 66% to 14.5Kt at Auld Creek, NZ

ALR

Altair Minerals hits high-grade copper and gold at Wee MacGregor, QLD

There are more pages in this discussion • 47 more messages in this thread...

First 23 Last

Add AS2 (ASX) to my watchlist

(20min delay)
Last 1.8¢		Change 0.000(0.00%)		Mkt cap ! $1.765M

Open	High	Low	Value	Volume
1.6¢	1.8¢	1.6¢	$2.631K	157.3K

Buyers (Bids)

No.	Vol.	Price($)
6	617000	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	76101	1

View Market Depth

No.	Vol.	Price($)
6	617000	0.016
1	35000	0.015
2	50006	0.014
1	71499	0.013
1	41680	0.012

Price($)	Vol.	No.
0.019	76101	1
0.021	500000	1
0.022	13500	1
0.025	100000	1
0.026	1000000	2

Last trade - 10.35am 17/09/2024 (20 minute delay)

AS2 (ASX) Chart