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"I believe there would be a lot of upside from SS to DFS"Why do...

  1. WoodySpoon
    10,209 Posts.
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    22/04/25
    11:50
    Post #: 78760369
    "I believe there would be a lot of upside from SS to DFS"

    Why do you believe that? The li price is the price. This project makes zero money at $1000 and it needs to be nicely profitable at $900 to go ahead.

    You think they're going to knock 50% off the AISC from SS to DFS? Not unless Dumbledore is the new MD they're not.

    There is a reason the market doesn't value this project. What is your counter reasoning?
    Last edited by WoodySpoon: 22/04/25
    WR1 Price at posting: 18.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Last
13.8¢ 		Change
0.003(1.85%) 		Mkt cap ! $32.92M
Open High Low Value Volume
12.5¢ 13.8¢ 12.5¢ $65.71K 490.5K

Buyers (Bids)

No. Vol. Price($)
1 66948 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 254795 4
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Last trade - 15.58pm 18/06/2025 (20 minute delay) ?
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