For the first 3 years until conversion, then we are on 75% share of the JV output which will likely be carbonate.
What about the remaining Spod? 113,000 that should sell for $3,000 AUD conservatively. @75% share that alone after 1 year is 250M in turnover.... Add the other $900p/t share and we have about 300M in revenue.
In April carbonate sold for ~$40,000p/t.
To me SYA looks exceptional from a long-term standpoint. All of these factors. Plus the fact a lof the proceeds will be going into building out a bigger resource for a better quality product Spod vs Carbonate. So the value is long term.
Perhaps thats why the MC is also suppressed. But will all of that to play out in time, I am happy sit on my shares TYVM
General Discussion Topics, page-95969
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3.4¢ |
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Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
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