The biggest TMT ann since listing. So much information on a page and so little waffle.
Do the numbers however you like but Yarrabubba effectively funding GVP with a bank friendly resource we had previously not valued does three pretty handy things:
1- Derisks our main project almost entirely.
2 - Minimises dilution which to the point where any issue to Sino is likely to be the last.
3 - Adds a diversified revenue stream lifting and flattening what otherwise would have been a volatile NP.
Questions to be answered in coming weeks will allow a new price model to be developed.
Lower risk, lower SOI and improved NP. The holy trinity of valuations.
TMT Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
