MC/NPV perspectives, page-22

First 22 Last

Share
Profile

Follow
DD72

4,016 Posts.

503

09/09/21

18:23

Post #: 55954333
Share

Originally posted by youalreadyknow: ↑

Sure glad our production 10-12mtpa is better then other IO juniors offering 5mtpa and therefore half the capex cost.

(can look at downrampers posts above who they post in forums upramping)

The biggest de-risker will be when we get an offtake, Mitsui have previously secured, the relationship is still strong, could be anyday. We also have BFS funding, where other juniors are only at PFS stage, so they have more dilution to come. Do agree with Tran, while it is too early to fully lock it all in, we need de risking milestones for the next 6 months, so we are then above $250m (35c ish) market cap before talking capex (mix of offtakes, government support, bank funding and capital raise, once market cap is clear of 35c). At that stage, we could be in take over talks which we would welcome 50c pocket change for FMG.

But don't forget, we have less SOI then other IO juniors, and we are further progressed. i wouldn't be surprised the amount of retail investors out there thinking SP means better investment - market cap is key!!

Expand

Mate you are spot on with this imho:

"The biggest de-risker will be when we get an offtake, Mitsui have previously secured, the relationship is still strong, could be anyday."

Once/if that happens this will double back to cr price in the blink of an eye. For those poor folks thinking no news for 12-24 months, they may need to do more research.

Regards

DD

HIO Price at posting: 7.8¢ Sentiment: None Disclosure: Held
11 Upvote

0 Great analysis

Reply

Top Stories

CHN

Chalice jumps on Putin nickel export ban threat – but then there's bad news

DXB

Dimerix begins recruiting young kidney disease patients in Mexico for Phase 3

MTM

Forget gallium: MTM says it's extracted gold from e-waste

BRX

Belararox to grow copper footprint in Botswana with 4,286 square km tenure

NEC

Nine Entertainment announces its CEO is stepping down – on an ex-divvy day

ASX Market Open: Local bourse to trade green | Thursday September 12

GTR

GTI extends uranium mineralisation at Lo Hema through development drilling

3 stocks with antimony news on Thursday

SS1

Sun Silver confirms high-grade extension theory at Maverick Springs with 79.6 g/t intercept

CU6

Clarity progresses SECuRE trial with positive safety results