Why I bought NRZ, primarily 4 reasons:
* This is national project supported by the state government of SA
* No gimmicks, the NPV is based of future index price, with current market price of urea this could almost double the NPV
* Off take agreement is already signed 500, 000 and further off take is in pipeline
* The product is targeted at export where Australian product will have much higher acceptance due to quality appreciation
* Diversifying my portfolio as everything, is linked these days with Lithium or energy sector
Ann: $1.5 billion Binding Offtake Agreement signed, page-44
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.543M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $3.668K | 1.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 34688881 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 34185751 | 17 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| NRZ (ASX) Chart |