Ignoring all the trolling and instead looking at the numbers:
stage 1 output with floor contract price $550 USD = $775 AUD), costs of $420 AUD/tonne, means $78 million profit per year as a minimum. At the $700 USD per tonne currently realised it’s $124 million profit.
All we we need is a few quarters at nameplate and stability in Li prices, 14 cents appears very very cheap to me.
Then there’s always the wild card of stage 2 getting funded... More than double the profit (costs per tonne fall). A $300 million MCap starts to look laughable.
- Forums
- ASX - By Stock
- 1MC
- Ann: Results of General Meeting
Ann: Results of General Meeting, page-15
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
Add 1MC (ASX) to my watchlist
|
|||||
Last
4.4¢ |
Change
0.001(2.33%) |
Mkt cap ! $10.87M |
Open | High | Low | Value | Volume |
4.2¢ | 4.4¢ | 4.0¢ | $11.17K | 266.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 308748 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 166024 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 268748 | 0.040 |
1 | 18000 | 0.039 |
1 | 50000 | 0.037 |
1 | 16500 | 0.036 |
1 | 31281 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 166024 | 4 |
0.045 | 114350 | 5 |
0.046 | 21739 | 1 |
0.047 | 45000 | 1 |
0.048 | 20833 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
1MC (ASX) Chart |