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T3 valuation, page-6

  1. binwood
    9,210 Posts.
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    27/02/19
    11:10
    Post #: 37584321
    $3/lb at fx of 76 = A$3.94/lb

    Spot at $2.95 and fx of 72 = A$4.09/lb

    So numbers taken right now are actually looking pretty good. Still a couple years from production so I don't see using $3/lb too unacceptable as buyers are probably looking at MOD from a Cu bull perspective I would guess.
    MOD Price at posting: 34.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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