Patriot is roughly A$125m per 10Mt.
So at 50Mt if confirmed we will be worth roughly 2.97 excluding cash. Even at 30Mt we will be worth 1.78.
Why the price is so low at the moment is we never had an official MRE figure and all using broker models.
The announcement on Monday will set the official floor going forward. Whether it’d be A$90m per 10Mt or A$125m per 10Mt it is going to be a lot higher than what we are trading at currently.
well done team and all long term holders
happy long weekend ahead!
not advice
Patriot is roughly A$125m per 10Mt. So at 50Mt if confirmed we...
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Last
$1.29 |
Change
-0.015(1.15%) |
Mkt cap ! $245.1M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.35 | $1.27 | $636.0K | 489.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1970 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 9000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.28 |
Change
-0.015 ( 2.71 %) |
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| Open | High | Low | Volume | ||
| $1.35 | $1.35 | $1.27 | 129488 | ||
| Last updated 15.57pm 03/05/2024 ? | |||||
| WR1 (ASX) Chart |