SPQ 14.3% 0.6¢ superior resources limited

My bold estimate on SE only700m current price capex 300mCost...

  1. 506 Posts.
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    My bold estimate on SE only

    700m current price
    capex 300m
    Cost 700-300=400m
    SPQ share from JV 50% 400/2=200m
    current MC 20m + 200m =220m
    SP at MC of 20m 1c
    SP at MC of 220m = +10c

    Totally understand that there are so many variables
    The valuation gap is huge here
 
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