mc today 90m
thats 2.4 x 38m EBIT
thats overpriced for mine, given finance is yet to be completed/ BAPE review.
Finance risk, /and dilution.
65m capex. Assume even say 30% equity/ 70% debt. ??
if they were to raise 20m at discount for instos, thats maybe 500m shares at 4c, or 400m at 5c.
With todays 1.7b FP plus say another 500m, takes that to 2.2b ?? (not including ops)
So post finance ?? the MC at 5.2c would be 115m mc
or 3 X EBIT.
For mine, that leaves some growth, but has commissioning risks.
The problem about paying 5.2c today, though, is that if BAPE falls over, then its a complete wipe out.
So the market is paying for Authier today, as if BAPE wasnt even a risk.
Thats how i see the market movement.
Perhaps thats just the times we live in, that the risks are ignored, until its a cold wet fish slapped in their face.
- Forums
- ASX - By Stock
- SYA
- Ann: Site Visit To Tansim Highlights Spodumene Potential
Ann: Site Visit To Tansim Highlights Spodumene Potential, page-99
-
- There are more pages in this discussion • 18 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
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add SYA (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.1¢ |
Change
-0.001(3.13%) |
Mkt cap ! $319.0M |
Open | High | Low | Value | Volume |
3.2¢ | 3.3¢ | 3.0¢ | $1.702M | 55.11M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 850534 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 5159807 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 700534 | 0.031 |
19 | 6878281 | 0.030 |
44 | 11089068 | 0.029 |
40 | 8688969 | 0.028 |
23 | 4437567 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 2904807 | 7 |
0.033 | 4700585 | 14 |
0.034 | 2761840 | 10 |
0.035 | 4756585 | 23 |
0.036 | 5183850 | 24 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
SYA (ASX) Chart |