Australia's largest stock trading and investment forum Australia's #1 stock forum

SUV

Click for more information

3.70%

5.6¢ suvo strategic minerals limited

Ann: Sales Agreement Executed in High-value Pharmaceutical market, page-7

First 7 Last

Share
Profile

Follow
cuppa

9,402 Posts.

326

08/03/24

10:28

Post #: 72809090
Share

Originally posted by bambalam123: ↑

This is interesting, dividing the contract value by the annual tonnes indicates a selling price just shy of $2,000 per tonne. Currently I think they sell at about $600 per tonne based on the last quarterly. If I understood this correctly its an initial agreement servicing only North America via one of the subsidiaries. The parent company sits in Europe with manufacturing facilities producing the end product (which uses kaolin as a raw material) and servicing pharmacies and patients directly... generating 763 million euro in doing so.... that's a whole lot of medicine

Seems like the sub entity that's sat in Mexico is a drop in the ocean, I noticed in the CEO's blurb he talks about entry into Europe via the head entity which is interesting. Even if Suvo took a small piece of the nicely priced pharmaceutical pie, say 5,000 tonnes a year? @2,000 dollars (not pesos) a pop that's $10 mil in turnover on what 10% of their production? What would that do to their potential earnings

After considering this announcement a bit further I like it! As much as the Mexicans like their white powder

Expand

lollllll

SUV Price at posting: 4.4¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 14 more messages in this thread...

First 7 Last

Add SUV (ASX) to my watchlist

(20min delay)
Last 5.6¢		Change 0.002(3.70%)		Mkt cap ! $54.11M

Open	High	Low	Value	Volume
5.5¢	5.7¢	5.5¢	$43.30K	773.8K

Buyers (Bids)

No.	Vol.	Price($)
3	125005	5.6¢

Sellers (Offers)

Price($)	Vol.	No.
5.7¢	240366	3

View Market Depth

No.	Vol.	Price($)
3	125005	0.056
1	181454	0.055
1	38113	0.054
3	250000	0.053
5	4540000	0.052

Price($)	Vol.	No.
0.057	240366	3
0.058	263500	2
0.059	10000	1
0.060	929396	4
0.061	2310000	2

Last trade - 12.00pm 10/05/2024 (20 minute delay)


Last 5.7¢			Change 0.002 ( 3.64 %)
Open	High		Low	Volume
5.6¢	5.8¢		5.6¢	345229
Last updated 12.53pm 10/05/2024 ?

SUV (ASX) Chart