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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Mkt cap ! $4.96M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $1.56K | 545.2K |
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| No. | Vol. | Price($) |
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| 54 | 83435919 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.3¢ | 19185230 | 14 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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| 0.3¢ | 0.3¢ | 0.3¢ | 858330 | ||
| Last updated 15.53pm 03/05/2024 ? | |||||
| NRZ (ASX) Chart |