Whatever happened to taking a conservative approach? Are CHN fair dinkum about this mine or just tizzing up the numbers for a suitor? From my calcs the biggest discrepencies are in the Ni and Cu prices. Palladium assumption is reasonably close to spot. Annually, it looks like they've overstated the raw revenue by aud 63 million for the lower case and aud 109 million for the higher case (difference between current spot and CHN metals price per year). May not seem huge but over 19 years will decimate that NPV.
So what it is really up to, is ASX allowing this? Is it to please a bank?
Or is it what i feel really, brushing lipstick on a pig.
GLTA.
Whatever happened to taking a conservative approach? Are CHN...
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Last
$1.24 |
Change
0.085(7.39%) |
Mkt cap ! $480.3M | |||
| Open | High | Low | Value | Volume |
| $1.16 | $1.25 | $1.16 | $4.171M | 3.464M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 16270 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 700 | 1 |
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| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
$1.24 |
Change
0.085 ( 7.28 %) |
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| Open | High | Low | Volume | ||
| $1.16 | $1.25 | $1.16 | 531502 | ||
| Last updated 15.59pm 29/04/2024 ? | |||||
| CHN (ASX) Chart |