If 66% is $47m USD then our $70m USD for 100% is over $100m AUD (@1.47 today).
That’s the smaller project!
Add the Green Ammonia JV, which I’m expecting to be funded by a large partner.
Add the Yellow Phosphorus JV, as above.
By a simple calculation we are priced too far below even sales, let alone multiples of sales. With operating costs so low, this should be a very nice dividend earner before we know it.
The market will get over the misconceived Angola risk soon enough.
Ann: Offtake Agreement with Angola's Largest Food Aggregator, page-43
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Last
5.9¢ |
Change
-0.001(1.67%) |
Mkt cap ! $51.04M | |||
| Open | High | Low | Value | Volume |
| 6.1¢ | 6.3¢ | 5.8¢ | $60.04K | 990.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38975 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 91000 | 2 |
View Market Depth
| Last trade - 15.50pm 10/05/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 6.1¢ | 6.2¢ | 5.8¢ | 760369 | ||
| Last updated 15.01pm 10/05/2024 ? | |||||
| MNB (ASX) Chart |