no matter which way you cut it we are still obscenely undervalued.
if you do a quick review of the PEP sensitivity table with where we are today with respect to ni/co sulphate prices and aud/usd, NPV adjustment from 3 floating contributions as marked below:
Ni +AU$280M
Co +AU$280M
AUD/USD -AU$140M
= NPV8 AUD$2,140M or USD$1,540M
we are currently trading at MC~AU$200M which is 9.3% of NPV. for a project at this advanced stage that's a pisstake for LT holders (or can be viewed as an amazing an opportunity...).
additionally there is:
- tight LME inventories of nickel & cobalt, deficits to ensue for foreseeable future->prices expected to rise for years
- increasing Scandium interest from industry (Panasonic/Relativity Space)
- de-bottlenecking of autoclaves, throughput upgrade to 3.3-3.5Mtpa from 2.5Mtpa
- Pt results confirming and expanding upon one of the worlds highest Pt grades ever witnessed
- major project status / political support for Dubbo battery hub/recycling facility / jobs jobs jobs
- SES merger, potential partners circling
- Hylea, insane cobalt & Sc potential
- list goes on...
Sunrise 2022, page-18
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Last
45.0¢ |
Change
-0.020(4.26%) |
Mkt cap ! $40.60M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.0¢ | 43.0¢ | $15.04K | 33.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11970 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 3946 | 1 |
View Market Depth
| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| SRL (ASX) Chart |