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Thank you horult.
Email LSE i dont care you conspiracy theorists.
this old chestnut again, Daz the great evil, member of the illuminati or whatever
not his fault the site has an issue is it?
simple to rectify to, just remove the space from the url and you can easily see his history
Daz, if I click on anybody's name I can see, like everyone else can, their history of posts, stats etc.. Click on yours and I get
Server Error in '/' Application.
The resource cannot be found.
Description: HTTP 404. The resource you are looking for (or one of its dependencies) could have been removed, had its name changed, or is temporarily unavailable. Please review the following URL and make sure that it is spelled correctly.
Requested URL: /profiles/daz423 /
Whys this Daz?
Radkia
Yes mate it has been the best rns I’ve seen in a long time and nothing happened it was just hard to believe that’s all
I do believe this is going to be the big one to jump high this year , but I suppose I’m just picking hole in the prem because of Friday , as I said last year I’m staying till the dfs is finished and go from there
Sun out have a great day everyone
Snowking
Show any contracted deal price where 5000 is being paid ? Your so full of nonsense.
SK - surprisingly (?), I'm with you on the 10 bagger but not in that timescale... I think that is a couple of years away.
An awful lot has to go right in the next 9 months and GR has no track record of delivering... I'd anticipate some delays. I think that's partly why the sp didn't rocket on the news. The other factors are that we don't know how much is in the ground and at what grade (it concerns me that the DFS wasn't mentioned)... we don't know the price Suzhou and Prem will agree yet and it does seem that some critical issues are still to be resolved in the next month.
Current spodumene $4940 according to Smm contra t prices , assume $5000
Assume a 10 % discount , so selling price first 6 months $4500 , $5000 second half of year. Sales for year $190 m, profit $130 m , £100 m , no tax for a year but royalty 5% , so post tax profit £90 mm m. Pe of 10 as this is phase 1 and spodumene production will rise from50,000 to 100, 000 then 150,000.
So market cap ne t year will be £900 m about 3.5 p , hence prem will ten bag over next 9 months
Don't know about you guys, but I am expecting a decent rise in SP this week.
In fac t Daz , you are a complete nutter on your figures l my kids could do a better job l simply lying , misleading this board .
Complete nonsense from u , utter garbage and you know it .
Day, you ate either lying to this board or stupid .
Spodumene is not $2000 in June 2022 , you know this and are simply misleading people . This shows your true colours ,
Spodumene spot prices are $6400 and contract prices $4900 . Contract prices are rising to meet spot prices . Reported results by companies are based on contract prices set in 2021 which were down be.ow $2000 . Contract prices for September are likley to excess $5000.
Also I'm not expecting 10x bagger I'm conservative in my estimation. My anticipation would be around 1p to 1.5p based on what is currently available. That may change as more information becomes clearer
Those figures are based on one years revenue,
what about years 2 and 3
Expansion of mine
Other minerals
That's minimum quantity expectation
Come on Daz your missing some other fundamentals in the valuation of a company
2000×50,000 = $200,000,000
$200mil conversation to sterling £162mil
Tax and royalties on research is between 15% to 25% depending on license type assuming they have one.
Your now at £130mil.
Now what are c1 costs ?
Trucking, diesel, staff, port. $2000 PT is what suzoh may pay ? But what are costs in getting in out ground.
Arcadia had a c1 cost of $350 PT for reference.
This is prior to any other hidden fees that will definitely lurk. its mining! Down to £100mil profit margin.
22.4bil SOI.
£100MIL ÷ 22.4bil SOI = 0.0045
So your about 15% (under valued) on MC.
The maths stack up with sourced information.
Zimb gov mining taxes
Aracadia feasibility study
Over anticipated contract spod price of $2000.
So wheres x10 multibagger coming from ?
Think that's very conservative when the RNS alludes to an expectation to clear the prepayment in 12 months.
I'd be expecting 2k as a pessimistic discounted price I can't see it being below 2k but at the same point I can't see if being up at 5k either as a discount. I'd be more than happy to be surprised at the top end!
I think the market thinks its a poor deal.
You watch suzoh pay 1200 PT which seems to be the average contract price atm across the world.
Why can’t you get over Friday . Is it because maker did not react to superb RNS?
Just look at the new employees joining the team
THEN I LOOK AT THERE SHOES /?????mmmmmmmmmm
I just want to see the results then we can talk about how much we take to market and how much can be made
Hopefully this week it will revile the secrets
Still can’t get over Friday I really can’t