Hi Gammat. it was a great comparison as Lindi charges towards. production...After all the down ramping shareholders have made up their minds...They are very content and big money to be made...A P/e of 10 gives $1.41 per share approximately from the base of 40,000 Tpa...Improved retention of flake size to be realised with 50% spare capacity of the back end of plant...
Imagine the curfuffle if the company actually named the peers...51cps. as advised by the company...
Not many projects are ready as indicated by peer analysis...
Regards Croc (Transformational year drawdown any day...)
Ann: Retraction of Annual General Meeting 2021 Presentation, page-7
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