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"If there is a better plan I'd be open to hearing it".If you are...

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Amused observer

12,161 Posts.

433

23/05/22

13:19

Post #: 61565975
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Originally posted by dangerat: ↑

"Assets are of value". "Exit at a multiple".

Seems like were are aligned, but curious why you think the Board won't be able to extract said value via a JV.

Not sure how a restructure will make a difference. The main reason things ground to a halt was depressed phosphate rock/acid prices, rendering Wonarah as a stranded asset. Now that we're in a once in a lifetime bull cycle underpinned by multiple catalysts - war, supply chain, enviro, EVs, renewables etc the steps undertaken by the Board seem entirely appropriate.

If there is a better plan I'd be open to hearing it.

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"If there is a better plan I'd be open to hearing it".

If you are good at something you don't give it away for free. And I am good, damn good in fact. Just like you.

AEV Price at posting: 1.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 0.6¢		Change 0.000(0.00%)		Mkt cap ! $14.09M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.6¢	$28.00K	4.668M

Buyers (Bids)

No.	Vol.	Price($)
28	12460078	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	5304974	4

View Market Depth

No.	Vol.	Price($)
28	12460078	0.005
12	6845000	0.004
14	12470000	0.003
3	5000000	0.002
7	11509950	0.001

Price($)	Vol.	No.
0.006	5304974	4
0.007	5886064	11
0.008	5023318	10
0.009	4358760	9
0.010	3581252	5

Last trade - 16.10pm 23/04/2024 (20 minute delay)


Last 0.6¢			Change 0.000 ( 20.0 %)
Open	High		Low	Volume
0.6¢	0.6¢		0.6¢	69150
Last updated 15.59pm 23/04/2024 ?

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