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.
If 66% is $47m USD then our $70m USD for 100% is over $100m AUD...
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Last
5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $46.71M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.4¢ | $7.139K | 131.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 205832 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 100141 | 1 |
View Market Depth
| Last trade - 14.04pm 28/05/2024 (20 minute delay) ? |
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Last
5.4¢ |
Change
-0.001 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 5.4¢ | 5.4¢ | 5.4¢ | 13600 | ||
| Last updated 13.25pm 28/05/2024 ? | |||||
| MNB (ASX) Chart |