Remember the PFS was based off 500ktpa, whereas the DFS will be 250ktpa for years 1-3 (albeit with a higher margin product).
Base case with our BOAs should see ADN closer to 40c than 20c, using a PE of 20. Few assumptions there as we don't know PRM sale price (assumed $1k). Anything extra (DSO, concentrate) will only send that estimate up.
An NPV > 700m and we cement our valuation heading back to a $1b company in the future.
Remember the PFS was based off 500ktpa, whereas the DFS will be...
-
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
-0.001(5.88%) |
Mkt cap ! $27.42M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $176.1K | 22.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 61 | 21751321 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 5295694 | 3 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| ADN (ASX) Chart |