Agree
Add it BP33s maiden 1.4MT, and the fact that latest METS have showed us that we can now get 5.5% at greater recoveries, I would guestimmate an NPV of around $250mil.
Add in any further tonnage from extensions at Grants, and whatever wildcard tonnage BP33 might give us from extension/infill drilling...will be interesting to see the DFS numbers then!
Not bad for a current 33mil MC co with potentially two leading Chinese partners who will potentially pretty much gobble up all our supply, and who’s prepayments will pay for the plant.
But agree: given our share registry make-up and the size of our deposits and any likely future deposits, this is not a “quick money, get rich overnight” stock.
But IMO it will be a very good long-term hold with a nice pay-off at the end of the day. That’s why I’m here. That’s why I continue to hold and buy on some of the lower dips. A lot going for this current $33mil MC coy.
All IMO
GLTAH
Ann: New Exploration Intersections Add to Finniss Potential, page-27
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Last
9.6¢ |
Change
0.003(3.23%) |
Mkt cap ! $205.1M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 10.0¢ | 9.5¢ | $1.953M | 19.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 786998 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.6¢ | 554921 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| CXO (ASX) Chart |