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0.8¢ corella resources ltd

I'd have to agree MJ. These Two are the best at what they do???

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WiffaSniffa

2,274 Posts.

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20/02/24

09:13

Post #: 72493616
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Originally posted by MajorJohnny: ↑

Great Update in terms of sector with asx listed IPT with a $ 34 milliion market cap releasing

Impact’s share price is up and to the right today after this morning’s announcement revealing the company has hit the key milestone of achieving 99.99% (4N) High Purity Alumina (HPA) at the Lake Hope Project, in WA – via the “proprietary and patented Playa One Sulphate Process”.

Impact, underpins its recent Scoping Study, which demonstrated an NPV(8) (net present value) of $1.3 billion for the project.

CR9 Scoping Study Under the 200,000tpa kaolin production scenario, the project could generate NPV of $1.18bn and whopping IRR of 78.8%.
The 40,000tpa HPA option is also attractive with estimated NPV and IRR of $4.62bn and 53.8% respectively.

This is just give an idea, obviously the PFS is going to provide a much more accurate picture but sheesh trading around a $10 to $11 million market cap, the stock price has major potential to move hard when sentiment turns. Risk vs Reward looking good here.

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I'd have to agree MJ. These Two are the best at what they do???

CR9 Price at posting: 2.5¢ Sentiment: Sell Disclosure: Not Held
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Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $3.720M

Open	High	Low	Value	Volume
0.9¢	1.0¢	0.8¢	$4.028K	447.1K

Buyers (Bids)

No.	Vol.	Price($)
6	2003235	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	200000	1

View Market Depth

No.	Vol.	Price($)
1	49859	0.010
1	303402	0.009
6	2003235	0.008
4	1080032	0.007
2	400000	0.005

Price($)	Vol.	No.
0.009	71500	1
0.010	200000	1
0.011	100000	1
0.012	196405	3
0.015	24871	1

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