Not sure there is any point replying but I will give it one try.
The market cap would be $250m because it’s a function of a % of the project NPV at a certain stage of the development (I did mention all this in the post with my rational…I was only responding to the question from TET).
I think my benchmarking against NPV and stage of project is more robust and accurate than yours which appears to be against “working mines” that mine different resources, at different rates for different markets but anyhow!
We need to have some changes made to local roads you are correct but we are not building the Torrens to Darlington project here so 4 years seem an unreasonable call from you.
Yes we will need to do road maintenance (and plant maintenance and fleet maintenance….) what’s that go to do with the SP post finance???
Let me guess you didn’t read the question or context correctly before you started spraying pmsl all over the keyboard…
Not sure there is any point replying but I will give it one...
Add ADN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.9¢ |
Change
0.001(5.56%) |
Mkt cap ! $59.09M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.9¢ | 1.7¢ | $25.83K | 1.431M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 4347850 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 3045798 | 16 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.8¢ |
Change
0.001 ( 2.86 %) |
||||
| Open | High | Low | Volume | ||
| 1.8¢ | 1.8¢ | 1.8¢ | 263596 | ||
| Last updated 15.56pm 03/05/2024 ? | |||||
| ADN (ASX) Chart |