AM7 spent around $1.7M and 24 months to fund a tantalum concentrate plant via a JV with a a capex of around US$7.0M /A$11.0M. This should generate free cash flow to AM7 of A$4.OM per year. Assume that interest is valued at 4 x $4M is $16M or 200% current MC. So all of the other assets including claypan lithium, brine potential and additional tantalum resources carry a nil value. Then there are additional gold and base metals prospects that also carry a nil value.
AM7 spent around $1.7M and 24 months to fund a tantalum...
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Last
7.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.961M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 6.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.3¢ | 881 | 1 |
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| Last trade - 16.12pm 26/04/2024 (20 minute delay) ? |
| AM7 (ASX) Chart |
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