Well I mean my thoughts are even worse case the market corrects and we sell down. I wouldn't see why it wouldn't be more then a good buying opportunity. Company is growing and cheap MC at these prices already. Phosphate prices are on the rocket. To me this doesn't have much of a reason to sell down. I was a bit disappointed when I realised we would only make approx 120- 130 mil over 10 year LOM (correct me if I'm wrong) That figure has already grown by approx 10% since that ann but definitely made me value the business less. Seems like we need to drill more since Ardmore annual production is 800,000 tonnes. Wouldn't Samsung be taken all of that for three years?
General discussion, page-290
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Last
3.8¢ |
Change
-0.002(5.00%) |
Mkt cap ! $32.91M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 3.9¢ | 3.7¢ | $16.11K | 427.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 104423 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 479081 | 2 |
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| Last trade - 15.39pm 27/09/2024 (20 minute delay) ? |
| CXM (ASX) Chart |