LOL. “the numbers really do look impressive.”
This sector is riddled with presentations with impressive numbers. KLL had impressive numbers 3 years ago when it used one of the highest SOP prices and lowest royalty rates in its feasibility. And they had the lowest costs by a significant margin. But they weren’t alone optimising their financials.
Where are the previous long term SOP price predictions from not many months ago?
And the Aussie dollar is currently rock bottom.
What are the numbers like with the Fx at 0.75 and SOP price at US$575-600?
Bottom line, its foolish to be sucked in by impressive numbers in this sector.
SOI are now x5 from when they announced their finance and equity package to fund the project back in 2019 yet they still generate impressive financials. That’s impressive.
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