Ronraine, how do you put a value of $250m on tenements?
The first step for all this is a pilot plant, lets say $30m which includes all testwork needed to be done.
Aim to produce 3-5,000 tpa of Ni + assoc Co.
Process must be proven for upscale to plant within short time frame i.e. 2-3 years.
Plant 50,000 tpa Ni and assoc Co.
Iron will be extracted but contain impurities, so maybe of no value. Don't factor in at this stage.
Assumptions:
$600m plant
Raise $300m, borrow $300m
JRV shareholders equity $150m (tenements) = 25% of "New Co"
Alternative:
JV partner to raise $600m and JRV to take less equity (<25%).
I like your ideas Ronraine, this is just an alternative.
Plenty of $$$$$ for JRV shareholders in both scenarios.
Any of these proposals would have +ve impact on JRV SP.
Deepdiver +ve
- Forums
- ASX - By Stock
- mining forecast young
Ronraine, how do you put a value of $250m on tenements?The first...
-
- There are more pages in this discussion • 9 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 JRV (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.73M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 306432 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 952016 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 306432 | 0.014 |
2 | 151319 | 0.012 |
1 | 500000 | 0.011 |
20 | 7762989 | 0.010 |
14 | 4515098 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 952016 | 5 |
0.012 | 3182567 | 12 |
0.013 | 3066371 | 12 |
0.014 | 3261408 | 7 |
0.015 | 3584706 | 5 |
Last trade - 09.57am 10/09/2024 (20 minute delay) ? |
Featured News
JRV (ASX) Chart |
Day chart unavailable