Just listening to Tony's presentation yesterday. And the question and answer session.
May I suggest you have a listen.
With all the fuss about the cost blowout, this seems to have gotten lost.
THE DSO IS ALL NEW MONEY,
MONEY THAT HAS NOT BEEN MENTIONED BEFORE.
ALSO MONEY THEY WILL RECEIVE BEFORE PRODUCTION.
THE EXAMPLE THAT WAS USED BY AN ANALYST.
ONCE THE PENNY HAD DROPPED WAS 1,000 000 TONNES AT $600 PER TONNE.
REVENUE $600,MILLION .
LETS SAY THIS AGAIN $600 MILLION REVENUE TO BE RECEIVED BEFORE Q2 24.
NOW FORGET THE COST BLOWOUTS
AND FOCUS ON THIS NEW MONEY!!!
DO I HAVE TO SAY IT AGAIN THIS IS NEW MONEY.
ALSO OUR Q2 24 PRODUCTION WILL BE 20% HIGHER.
THATS 100, MILLION TONNES FOR SPOT PRICE OR OFF TAKE PARTNER.
THIS IS AN INCREASE EVERY YEAR!!!!
NOW, CAN ANYONE LEND ME MONEY TO BUY MORE SHARES
Tony said he wants more skin in the game!!!!!
Please listen to Tony's presentation.
"
https://hotcopper.com.au/threads/an...page-4#:~:text=Margaret63 said:,THE PENNY HAD
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