AUZ 0.00% 1.3¢ australian mines limited

Ann: Sconi to generate $5 billion in free cashflow, page-293

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    Poseidon Nickel is also using similar figures in their black swan study.
    https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC6g++zBKZsPhqke92GA==

    Unless otherwise stated, all cash flows are in Australian dollars and not subject to inflation or escalation factors. A nickel price of US$7.70/lb has been assumed and an exchange rate of AUD:USD of 0.76

    As some may know, Poseidon has two major shareholders in the US based BMM and Squadron resources, which acts as the arm of billionaire AF.

    ________
    https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvSTYO6gu4zhWZo/toke92GA==
    The DFS assumes long-term metal prices of: Nickel: US$7/lb + US$1/lb sulphate premium (current nickel price3 : US$6.73/lb)

    The above is CLQ's DFS which is also comfortable using similar nickel prices (and also adding a premium for sulphate.

    Out of all the bearish comments that get posted here, the Nickel price personally bothers me the least as I am comfortable with the long term demand factors playing out on it. A far more credible worry is dilution eating into our profits.

    I would like to see costs trimmed until real results are made, thus minimizing our cash burn and the need for any future raises if there are any delays surrounding funding due to the metal prices where they are right now.

    All my opinion, but I'm keen to hear other's thoughts on this dilution.
 
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