There’s not much wrong with it tbh.. the key is getting federation into production - at 16% ZnEq using US$3k/t and 66c AUD you are looking at A$725/t insitu and probably A$450/t NSR rock.. costs probably A$200-A$250/t so let’s call it A$200/t margins on 600ktpa (A$120m).
This is a far superior deposit to that being sat on by AIS 29M DVP et al who have market caps well in excess of A$400m. Can they buy AMI for A$200m (16cps) using their scrip? Why the f not? Buy it for A$200m put A$100m to get federation into production and then get A$120m+ for 6yrs+ (open at depth and Cobar deposits go deep).. seems like a decent deal to me??
- Forums
- ASX - By Stock
- AMI
- Federation Project Approved
Federation Project Approved, page-14
-
-
- There are more pages in this discussion • 10 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 AMI (ASX) to my watchlist
|
|||||
Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $296.0M |
Open | High | Low | Value | Volume |
17.3¢ | 17.5¢ | 17.0¢ | $68.81K | 394.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 358698 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 592628 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 318698 | 0.170 |
10 | 909455 | 0.165 |
11 | 709871 | 0.160 |
5 | 335260 | 0.155 |
8 | 724918 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 376615 | 5 |
0.180 | 791855 | 10 |
0.185 | 666288 | 12 |
0.190 | 1189919 | 7 |
0.195 | 291806 | 4 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
AMI (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online