1,404,350,200 (per announcement for issue)
x
0.345
Market Capitalisation = $484,500,819
Basically not a lot for a company that will be entitled to 5mtpa of production over a 40+ mine life.
Although we are loaded with debt.
Just need successful commissioning with no more blowouts and it'll rise a lot if the iron ore price stays stable. Still big risks here.
new market cap, page-4
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