"The DSO is entirely dependent on economics from the perspective of the purchaser, who must decide if the purchase price of the product allows them to make a reasonable return further downstream"
Partly true. But if AEV cannot make DSO profit based on off-takes, then they wouldn't/shouldn't accept the off-takes.
DSO was talked up big time in November 2022 as a near term opportunity. Mind you it was CR time so there is that.
What happened next? Phosphate benchmark prices were at an elevated level. AEV still haven't kicked off DSO. And now phosphate benchmark prices have plummeted.
I'd say to talk up DSO as near-term in Nov/22 and still not have started by Feb 2024 is incompetent. But don't take my word for it; look at the SP: 0.04 in Nov/22; 0.011-0.012.
Your point re: buyers and my points re: economic viability and management competence suggest my strategy to wait for BOA's is wise. Patting myself on the back right now lol
"The DSO is entirely dependent on economics from the perspective...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.396M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $37.30K | 9.294M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 7037099 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1677255 | 4 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AEV (ASX) Chart |