Just wondering what a sale price could be$55 million has already...

  1. 8,036 Posts.
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    Just wondering what a sale price could be

    $55 million has already been spent to get the PFS done

    A world class Tier 1 resource

    With global demand expected to pick up eventually
    There is no doubt that this project will make huge profits

    Being realistic the Chinese are the only real Interested potential
    Buyers

    Aussie companies are on the back peddle and would not be
    Willing to invest unless the price was ridiculous

    I would think there would be a few Chinese companies willing to
    Pick it up cheap to put in there portfolio for selling or developing
    At a later date

    To me $30 million should be a minimum

    If it goes for $50 million then the chance of relisting are
    Very high

    Dificult to decide on a price in the current market
    Anything under $25 million is a real negative

    Just putting up some numbers for discussion

 
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