I'm with u mate, 1.50 is fair for everyone as no...

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Brendo726

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24/05/23

17:40

Post #: 67944049
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Originally posted by Roon-Aus: ↑

Given we don't look like we will release the updated DFS, what did the original DFS have as the LOM economic value of the JORC resource? I'll have to check when I get back to a computer. Even though we know that's only a portion of what will exist, it's highly unlikely you'd be looking at getting a TO which puts the MC at a value approaching anywhere near that established LoM figure, or even half of it given the vagaries of future pricing. You can only really sell what you've proven. For me I'd be content at this point with a $1.5 TO. Beats our ATH, and seems somewhat realistic in that the Chinese may actuslly go for it, rather than spending 12$b on an undeveloped deposit that they may just be able to swoop for nothing in the year or two to follow should things not go our way with the DRC government licensing. Not saying that's necessarily the likeliest outcome, but for me something like this that gets everyone a substantial profit and provides a realistic pathway out of this mess could be chalked up as a win. A frustrating one perhaps, but less frustrating than some of the other realistic potential outcomes.

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I'm with u mate, 1.50 is fair for everyone as no shareholder loses at all. this thing has a long way to go, build the plant, refurb the hydro plant, establish rds etc for transporting product to wharf etc. I just want out of this nightmare, the way the economy is headed I think by early next yr if I can't access this capital I'll be selling assets. what a shit show

AVZ Price at posting: 78.0¢ Sentiment: None Disclosure: Held
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I&apos;m with u mate, 1.50 is fair for everyone as no...

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Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Venture to sniff out high-grade REE targets at Jupiter project, WA

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Cost blow-out for Rook I uranium project sees share plummet for NexGen

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I'm with u mate, 1.50 is fair for everyone as no...