Certainly a lot of upside there. There is still so much left to be drilled. The Sn price is assumed to be US$15,000, which is what it is right now! And as you say, that doesn't include Stanley River.
The timeframe is 4 years though. Hard for the market to get excited. Stanley River should have more impact on SP being estimated to start cashflow in 2 years.
Any thoughts on where the equity is likely to come from? 75% of $255M is a lot to find. A guess its no coincidence that plans for construction of Mt Lindsay start just as production starts at Stanley River. Have we got a capital cost for Stanley River yet?
Certainly a lot of upside there. There is still so much left to...
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Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $54.4M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.3¢ | $113.6K | 4.884M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2552559 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 773811 | 7 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| VMS (ASX) Chart |