All we have is 17% figure that is it. As of today we do not know exactly but for Richardson he has this from somewhere..
Champ is correct we as ORD holders are a holder of SARCO. As SARCO grows so do we.
Richardson is using NPV of 410m. This an absolute base case scenario. If NFC move to a binding contract Ihave 20cps for Alumina refinery alone as a valuation.
The closer we get to production she will rise. There is no doubt once production starts and agreements are finalised SARCO will imo be worth $1B. ORD has massive potential. Currently very cheap but as contract moves to binding EPC lookout!. Given listing occuring end of year. There is only a matter of months left.
VAN Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held