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5.6¢ suvo strategic minerals limited

+$700 million npv, stock must be +$1.35, page-115

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1,866 Posts.

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09/09/21

14:37

Post #: 55948968
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Originally posted by Blythefan: ↑

Based on the 3B, Pittong is making a moderate loss ($3.04M receipts from customers, $3.24M cost of production) and would need to expand significantly to see it become profitable. The last quarterly looks $1.1M better than it would, because of a carry over cash from the acquisition of $1.1M. There's $1M a quarter in exploration, $0.5M in admin, and $0.2M operating loss; so 4 quarters of smooth runnings before the company opens the hat up for a top-up.

This is just the facts. Imerys didn't flick Pittong because it's allergic to profit.

The White Cloud kaolin deposit has an entirely different set of operating parameters, not least of which is higher revenue, greater volume (800%), and lower costs. But it's worth treating Pittong for what it is - a mine in serious need of major expansion...or closure.

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Good to read somebody who knows what they're talking about.
They will need to spend a lot of money to get this happening.

SUV Price at posting: 14.5¢ Sentiment: None Disclosure: Not Held
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Last 5.6¢		Change 0.002(3.70%)		Mkt cap ! $54.19M

Open	High	Low	Value	Volume
5.4¢	5.6¢	5.3¢	$28.91K	523.6K

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No.	Vol.	Price($)
2	297206	5.2¢

Sellers (Offers)

Price($)	Vol.	No.
5.6¢	726567	2

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No.	Vol.	Price($)
2	297206	0.052
1	25000	0.048
1	8088	0.034
1	17000	0.031
1	40000	0.030

Price($)	Vol.	No.
0.056	726567	2
0.057	35000	1
0.059	390000	1
0.060	50000	1
0.062	198895	3

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