I should have added one important sentence from the announcement:
'Following start-up, priority will be given to the production of ceramic grade feldspar as THE REVENUE FROM THIS PRODUCT HAS THE POTENTIAL TO EQUAL THAT OF TANTALUM.'
This will come as no surprise to those who have been following this stock and the company reiterated its Heads of Agreement with 'a large European group for the off-take of 2.65m tpa of feldspar for delivery over a 5 year period.
In short, the rate of return previously cited (IRR) of 11.2% per annum could be doubled by ramping up Ta production at no extra cost and doubled again once feldspar is included as a valuable by-product.
The big question is 'how will they fund it?' I just hope they get insto or bank funding rather than doing it by a massive share issue. I don't mind a little dilution but capital raisings invariably shaft the shareholders short term.
My thoughts only....
Gupper
- Forums
- ASX - By Stock
- SP8
- bfs summary just announced
bfs summary just announced, page-4
-
- There are more pages in this discussion • 28 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
Add SP8 (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $9.204M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $5.575K | 796.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 350000 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 3603171 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 350000 | 0.007 |
6 | 1748226 | 0.006 |
4 | 1026833 | 0.005 |
3 | 6300000 | 0.004 |
3 | 2300000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 3603171 | 6 |
0.009 | 4792252 | 7 |
0.010 | 2763194 | 4 |
0.011 | 2000000 | 1 |
0.012 | 10607 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
SP8 (ASX) Chart |