Selling 30% of Tropicana for $903m values 100% at $3 billion. They have a LOM of 10 years They have guidance to produce 380-430k oz pa
Once we start full scale mining we'll be producing 200k oz, half their production As Karl89 says, apples with apples, they are currently producing at that rate, they are in WA...
The Orocobre announcement is also very interesting. The March Q price they received for Li was up 50% on the previous Q, and up another approx 40% for this Q. They have now forward sold all their planned FY2022 production The planned Lithium shortage is materialising, those in the data room would be very aware of this.
FFX Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held