Hello. I don't follow this company (but too bad i sold my shares for a big loss) but the original prospectus says they were to pay US$6,590,000 for the asset, which might be around $9.5M, although the last balance sheet shows AUD$6M in acquisition costs therefore possibly the vendor was paid also in shares. The last balance sheet shows $21M in exploration costs. I don't know but say reduce by $4M to $6M for graphite. Possible total costs around $22M. Possible profit is $75M. Possible tax around $19M. Therefore possible sale proceeds of around $78M or 70 cents per share. These are only guesses.
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Hello. I don't follow this company (but too bad i sold my shares...
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Price($) | Vol. | No. |
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2 | 54844 | 0.385 |
3 | 80094 | 0.380 |
1 | 25000 | 0.370 |
1 | 13408 | 0.365 |
Price($) | Vol. | No. |
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0.405 | 14927 | 3 |
0.410 | 7921 | 2 |
0.415 | 6480 | 2 |
0.430 | 6807 | 2 |
0.435 | 4000 | 1 |
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