eh?
6% Spod = 3,340 USD/per ton
Discounted by 10% to get to 5.4% ~ $3,000
20,500 @ 5.4% x $3,000 ~ 61,5M USD
61.5M USD to AUD = 96M USD.
So we were never at 100M anyway. Then you would likely need to take off another 5% for trading house commission. Closer to 90M. Less trading fees I recon.
Regardless of lithium price drop atm it appears with interest rates in the US yet to ease its favourable to the USD to AUD conversion.
But hey somehow we are going to 1c per Bot which is 100M market cap. I guess he missed the 200M we raised in cash from the capital raise. Or perhaps hes just ignoring it.
Its good that he can predict pricing during a GFC like downturn. Guess he must be a messiah.
Can I be one too? If there is an apocalypse guys Sayona will be worth 0c. This is on the back of countless research, studies, digging and a university degree of 4 years......
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3.4¢ |
Change
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Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
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