A few points.
NPV understates value of long life producers, risk aside if you think there's no upside you're wrong.
$840m FCF for the four years, in other words 2.3 years of operation before current market cap is backed by cash and effectively you get 15.5 years of ~$500m FCF, +LOM expansion + exploration upside for free.
Metal assumptions:
People like to use these to discredit management but really dont know what they're talking about. They are selected at the start of a study and can't easily be changed because they become variables that various functions are based off.
Recoveries are very low, if they're able to improve these then economics will go through the roof.
- Forums
- ASX - By Stock
- CHN
- Ann: Gonneville Nickel-Copper-PGE Project Scoping Study
Ann: Gonneville Nickel-Copper-PGE Project Scoping Study, page-18
- There are more pages in this discussion • 1,123 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CHN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.65 |
Change
-0.145(8.10%) |
Mkt cap ! $646.6M |
Open | High | Low | Value | Volume |
$1.76 | $1.76 | $1.63 | $6.306M | 3.751M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 9836 | $1.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.65 | 50784 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 9836 | 1.645 |
10 | 47005 | 1.640 |
14 | 87423 | 1.635 |
17 | 111529 | 1.630 |
14 | 112537 | 1.625 |
Price($) | Vol. | No. |
---|---|---|
1.650 | 50780 | 13 |
1.655 | 36873 | 8 |
1.660 | 53275 | 10 |
1.665 | 23117 | 6 |
1.670 | 48309 | 6 |
Last trade - 12.59pm 30/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.64 |
  |
Change
-0.145 ( 8.97 %) |
|||
Open | High | Low | Volume | ||
$1.75 | $1.75 | $1.63 | 473045 | ||
Last updated 13.18pm 30/05/2024 ? |
Featured News
CHN (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online