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chuk

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06/09/24

16:57

Post #: 75565422
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Originally posted by HongFang: ↑

I understand you're reluctant to post any predictions that aren't based on the DFS figures so you don't give Cheech and Chong any ammo, but I think its worth reminding some of the new shareholders that the A$390m NPV based on the DFS figures and the current TSP price, is almost unreasonably conservative.

It does not take into account bringing forward the doubling of plant capacity to stage 2. The DFS also assumed stage 2 would cost $29m, not $4m - saving $25m.

The DFS also did not account for the reduced transport costs as a result of moving the plant which has halved the distance between mine and plant to 36km, and the distance from plant to port to 16km from 28km initially.

On top of all of this if the tsp price increases by 30-50% over the next 12 months like some are predicting that would result in the NPV almost doubling.

The $390m NPV being quoted is ultraconservative and based on an outdated DFS - but is based on fact and cant be accused of pumping.

So with finance about to be completed and the company indicating construction will commence in October, anyone getting in at these prices will do very well.

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"On top of all of this if the tsp price increases by 30-50% over the next 12 months like some are predicting"

Do you have any references on that? That would certainly make things interesting.

MNB Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.3¢		Change 0.001(1.92%)		Mkt cap ! $46.56M

Open	High	Low	Value	Volume
5.2¢	5.3¢	4.9¢	$56.64K	1.113M

Buyers (Bids)

No.	Vol.	Price($)
1	199800	5.0¢

Sellers (Offers)

Price($)	Vol.	No.
5.3¢	104999	1

View Market Depth

No.	Vol.	Price($)
1	199800	0.050
1	11839	0.049
1	40000	0.047
2	165555	0.045
1	152520	0.044

Price($)	Vol.	No.
0.053	104999	1
0.056	600000	1
0.059	16000	1
0.060	290000	2
0.061	50000	1

Last trade - 16.10pm 12/11/2024 (20 minute delay)

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Recommendation, page-1395

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Recommendation, page-1395

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