RE: 0.5p2 Nov 2022 20:44
Hi Jenkoo,
I’ve also been for and of the opinion Zulu should / would be sold. But…
With the price of spodumene as it is and likely to stay at these levels or rise, I am now not to sure that’s the way to go.
If we had an offer for Zulu for 500m would that be enough? With two plants we could revenue that in a year. Mine life at least 10 years etc.
Miners are trading at over 5x aren’t they?
With revenues like that we can keep Zulu, pay a dividend, drill the EPO to death, dfs, then sell the lot.