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
5.6¢ |
Change
0.001(1.82%) |
Mkt cap ! $48.44M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.7¢ | 5.5¢ | $26.33K | 471.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45264 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 120160 | 2 |
View Market Depth
| Last trade - 15.05pm 24/05/2024 (20 minute delay) ? |
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Last
5.5¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 5.6¢ | 5.6¢ | 5.5¢ | 53871 | ||
| Last updated 15.45pm 24/05/2024 ? | |||||
| MNB (ASX) Chart |