For mine, the CAPEX estimation is a critical figure. 3.5years out from production, that figure will clearly fluctuate alot, but the fact that it is trending upwards tells me that it 'could' go over $5B at this rate.
Sure, the CAPEX pay off for SDL is quite good. 3 years. But some of that money is going to come out of shareholder pockets. I strongly doubt that SDL can get finance arranged for over $4.5B.
If we can get the CAPEX fully financed by an instiution, then that's great, but it is by no means a guarentee. Either the share registry is going to be diluted, or we are going to be handing over a significant amount of the sales to our finance partner.
I understand not everyone will agree with me on this and I respect that, but I think it's only fair that I can voice my view. The announcement raised my eyebrows, and not in a good way.
- Forums
- ASX - By Stock
- positives from ann
For mine, the CAPEX estimation is a critical figure. 3.5years...
-
-
- There are more pages in this discussion • 47 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 SDL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online