IMO, building too high on some pretty shaky premises. Not worth quibbling until Tuesday but the most glaring problem is that none of us know much about what an income streaming arrangement will look like, or the minimum/maximum parameters.
Obviously if Gus could somehow sell 50m of future Uranium production to raise 30-40m cash today, it would blow all the speculation out of the water. The biggest drawback of course would be that at some point in future we'd have to produce the ore, pay the $31/lb AISC and surrender the ore for nothing. But perhaps spread out over several years, on a higher production rate, at a higher spot, and lower AISC costs it'd be worth it.
I also find it strange that you're effectively arguing that US investors will view us as over valued right now. If we're worth 3-400m now as some argue, then why would US investors think twice about paying 150-200m, even with a CR coming?
If you're thinking of joining Vintage and I on peer value, bring a jumper, it's a bit chilly over here ... brrrrrrrr
- Forums
- ASX - By Stock
- Happy Easter everyone
IMO, building too high on some pretty shaky premises. Not worth...
-
-
- There are more pages in this discussion • 7 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 PEN (ASX) to my watchlist
|
|||||
Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $334.3M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.0¢ | $1.047M | 10.19M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
70 | 9842754 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 4002799 | 32 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
62 | 9477654 | 0.100 |
5 | 518876 | 0.099 |
11 | 432920 | 0.098 |
10 | 969089 | 0.097 |
10 | 2485372 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 3426021 | 27 |
0.110 | 1808729 | 19 |
0.115 | 3860126 | 24 |
0.120 | 7562667 | 62 |
0.125 | 2184440 | 23 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
PEN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online