SUV 0.93% 5.4¢ suvo strategic minerals limited

Houston we have lift off, page-15

  1. 646 Posts.
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    Another way of valuing us would be to compare to other kaolin plays on ASX, but remember we are the only producer. The other two plays are at least 18 months away from production for WAK and who knows for ADN. Comparing us to ADN if we only have have the MC that would give us a MCnof 320 million dollars giving us a share price of 53 cents per share or if equal ADN in MC that would give us a share price of $1.06. Think about we are a producer of kaolin whereas ADN are not so it could be argued we will should have a higher MC. Thoughts anybody
 
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