''I'm not happy with the Tartana/Zeehan deals. 430,000 T of zinc grading 14% gives 60,000 T of the stuff at $3,500 a T = $200M plus. Now I know there a huge costs and risks in realising this value but to give this away in exchange for $500,000 plus some shares of unknown value in Tartana is questionable''
Para, you cannot value an asset like that. Because ,as you point out,of the risk and costs involved with developing it, anyone who bought would pay a fraction of it's in situ value.
SDV cannot afford to be distracted by non- core assets which may or may not ever be deveoped..they have adopted the right approach
I didn't see anyone else queuing up to buy it
''I'm not happy with the Tartana/Zeehan deals. 430,000 T of zinc...
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Last
60.0¢ |
Change
-0.005(0.83%) |
Mkt cap ! $105.3M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 58.0¢ | $60.42K | 102.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 59.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 27000 | 2 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| SDV (ASX) Chart |
