Remember the 3.3b NPV is based off a PFS assumption of A$348/t urea, and the binding offtake value of $1.5b is worth A$600/t, so that’s an addition A$252m pa revenue(which essentially doubles EBITDA), which dramatically increases NPV value. (Not to mention if urea stayed anywhere near current levels if $1000-$1200/t then NPV goes up by multiple factors, but that’s just dreaming. a long term Avg of US400/A600/t is pretty reasonable.looks like it’s moved into early Q1 2023 from the investor presentation.
I think NRZ is in a good position to commence a steady SP climb, binding offtake puts them in good stead to progress funding/financing.
Remember the 3.3b NPV is based off a PFS assumption of A$348/t...
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $24.73M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.7¢ | 1.2¢ | $325.2K | 22.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 69000 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 100000 | 1 |
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| Last trade - 14.00pm 14/06/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
-0.001 ( 7.14 %) |
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| Open | High | Low | Volume | ||
| 1.6¢ | 1.7¢ | 1.3¢ | 21022980 | ||
| Last updated 13.48pm 14/06/2024 ? | |||||
| NRZ (ASX) Chart |