Mate, they have a Capex of US$1.38 Billion for an IRR of only 20.91%.
That’s with an outrageous sale price of US$33,000/tonne (triple current price).
There’s literally no amount of sugar coating that will make financials even remotely attractive.
Not here to stir the pot but folks need to get real.
Chairman to present at Noosa Mining Conference, page-255
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Last
3.8¢ |
Change
0.001(2.70%) |
Mkt cap ! $62.56M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.9¢ | 3.6¢ | $168.9K | 4.496M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 867438 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 2420679 | 30 |
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| Last trade - 13.05pm 17/07/2024 (20 minute delay) ? |
| LKE (ASX) Chart |