Ant, would love to see those figures your mate did.
$55M capital cost against some modest NPAT over 5 years, with certain CR, in-between.
I think at 005 it's certainly not overvalued but that doesn't make it a screaming buy either.
Would love to see someone present some DCF numbers that suggest otherwise. Or any analysis. Important to stick to the 'knowns' here and not what we would like to happen.
SOI Price at posting:
0.5¢ Sentiment: None Disclosure: Not Held