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18,086 Posts.

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01/02/23

11:08

Post #: 66000522
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Originally posted by UY Scuti: ↑

Maybe the reason why it's going to take 4 months to get an Independent Experts Report this time around is because ASIC will scrutinise the method used for the valuation?

Ref: https://www.bdo.com.au/en-au/insights/corporate-finance/articles/independent-expert-reports-and-the-methodologies-used

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Hi UY, with the mine apparently up and running again I wonder if they would have to include a methodology to value it as a going concern. Anyway it will be interesting to see what the valuer comes up with given the dramatically different circumstances that now exist in the lithium market.

A40 Price at posting: 8.2¢ Sentiment: None Disclosure: Held
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