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LM8

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4.69%

30.5¢ lunnon metals limited

Ann: Quarterly Cash Flow Report - September 2023, page-10

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Tendies4me

352 Posts.

20

19/01/24

18:37

Post #: 71970226
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Originally posted by Fredbear2: ↑

No income tax but inclusive of royalties (royalties are in AISC cost and would have been in the pre-tax NPV as you only exclude income tax which varies with profitability). If anything, royalties in the numbers would be ~32% too high as they would be assumed at A$35kt rather than A$24kt. Royalties are A$30/t in the PFS (see Table A, page 2 which pretty much has all the data)

I note the Company had $35.6M in tax losses as at 30 June 2023 from their Annual Report (assumed $30M in the PFS - footnote 7 on Table A). They can use these losses against our profit. This should mean income tax is going to be a lot lower than 30% of profit at current nickel price, and payment backended as they use tax losses first.

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Is their a way to estimate how much of the Foster resource will be converted to probable ore reserve?
I may have to rebut! Miscalculated. Damn it

LM8 Price at posting: 39.0¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 30.5¢		Change -0.015(4.69%)		Mkt cap ! $66.44M

Open	High	Low	Value	Volume
31.5¢	31.5¢	30.5¢	$27.60K	89.12K

Buyers (Bids)

No.	Vol.	Price($)
4	71988	30.5¢

Sellers (Offers)

Price($)	Vol.	No.
31.0¢	29999	1

View Market Depth

No.	Vol.	Price($)
3	69988	0.305
3	26768	0.300
1	50000	0.295
1	5500	0.270
2	36208	0.260

Price($)	Vol.	No.
0.310	29999	1
0.330	51671	3
0.335	17538	1
0.350	4321	1
0.380	9259	1

Last trade - 13.17pm 21/05/2024 (20 minute delay)


Last 31.0¢			Change -0.015 ( 3.13 %)
Open	High		Low	Volume
31.0¢	31.0¢		31.0¢	11870
Last updated 11.46am 21/05/2024 ?

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