mate, plug in today's metal prices and this has an npv sub $500 mill, needs capex bigger than it's market cap, and "green" metals as trojan horse facade. It's going way lower. It's now a punt on palladium prices. Tier 1 assets don't become uneconomical during the cycle.
And re: palladium, with EV trend, you're actually hitched to the atrophying part of the car manufacturing segment.
Ann: Gonneville Nickel-Copper-PGE Project Scoping Study, page-267
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Last
$1.72 |
Change
0.040(2.38%) |
Mkt cap ! $669.0M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.76 | $1.69 | $5.444M | 3.163M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4064 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.72 | 19998 | 1 |
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| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
$1.72 |
Change
0.040 ( 2.41 %) |
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| Open | High | Low | Volume | ||
| $1.70 | $1.76 | $1.69 | 569686 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| CHN (ASX) Chart |