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Wow... Something not quite right here. Are we really meant to...

  1. redrun
    608 Posts.
    lightbulb Created with Sketch. 114
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    03/01/24
    13:06
    Post #: 71708377
    Wow... Something not quite right here.

    Are we really meant to believe that a project with all approvals currently in place to start mining immediately (pretty much turnkey), an IO price currently almost hitting A$210/t, a project that supposedly had an NPV of over $100m at an IO price of around A$150 and with an IO price of around A$190 would produce net cash flow of over $300m in 3.5 years, that somehow it's now only worth $20m.

    Again wow. I will definitely be voting no for this and would urge everyone else to take the time and do the same.
    SRK Price at posting: 4.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
3.5¢ 		Change
0.001(2.94%) 		Mkt cap ! $9.931M
Open High Low Value Volume
3.5¢ 3.5¢ 3.5¢ $53 1.5K

Buyers (Bids)

No. Vol. Price($)
1 18000 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 630118 2
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Last trade - 15.24pm 28/07/2025 (20 minute delay) ?
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