What we have now is the beginning of OS development... 1 US player (Not Alcoa yet) steps up to the plate to commit. With a proposed 52M pa to process their slag.
Aussie contracts to process 8.6Mil pa profit (MHM Share)... some seemed to think it was 60% of this figure yet this is 60%.
No news yet on a LARGER Alcoa deal worldwide yet... it still in talks.
Advanced developemnt in NMP process that could add 10 of mils to bottom line very quickly.
Silica news, etc, etc all to come out in the next couple of months.
The worldwide potential is staggering and their ASX300 aim means they feel they will be a billion dollar Coy in less than 12 months.
Wow what a story....
Anyway at this stage without concrete contracts from Alcoa worldwide... I cannot see how anyone can value below an MC of 350 (35M pa on PE=10). Forward earning with a huge discount. Anyway that what I feel it should be now at a discount.
With worldwide deal (Depending on Alcoa deal and others) then we will need to rerate and revalue, Naturally.
What we have now is the beginning of OS development... 1 US...
Add VYS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
44.5¢ |
Change
0.010(2.30%) |
Mkt cap ! $183.5M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.0¢ | 44.5¢ | $9.019K | 20.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2250 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 20851 | 2 |
View Market Depth
| Last trade - 10.09am 10/09/2024 (20 minute delay) ? |
| VYS (ASX) Chart |