ADY admiralty resources nl.

The announcement at 20 Mar 2023 said that by 2025 there was aim...

  1. 394 Posts.
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    The announcement at 20 Mar 2023 said that by 2025 there was aim to have equipment to achieve production of 2,000,000 t/pa. Times that by $110 per tonne (taking $130 per tonne as current price, minus $20 for running costs), then take 20% for ADY stake, then divide by the shares; that's how i got the possible dividend.

    now... one year worth at say $80 per tonne (current lower price), at 2 Mill t/pa is $160,000,000 for the year production. Sounds good right...

    Well!

    Now we have a NPV of $155M for the whole 15 years life of the mine (unless i'm reading it wrong). Thats only $10.3 Million per year, which ADY only get 20%.Its now a fraction of the 2 Mill t/pa.

    Somehow, ADY's production estimate for whole mine has gone from $160,000,000 Mill per year, to $10.3 Mill. !?!


    Last edited by bajachris88: 01/03/24
 
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