Quick Peer Comparison Going into 2019, page-25

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Names little

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21/12/18

07:49

Post #: 36928869
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Originally posted by Positive_Trader ↑

I sniff desperation.

9 year minelife - last
Production costs - last
9:1 strip ratio - last
Cash flow negative - last
Board remuneration value - last
Multiple offtake agreements - last
Debt - first

The only positive is less debt but the other two are bigger plants and bigger mines, and already attracting positive cashflow. I still haven’t heard anything about positive cashflow from the BH mine? Also A40 won’t be producing anything more than what they are now (160kt) until at least 6-7 months time at a cost of $15-20m if built (I’m pretty sure it won’t be near 300kt, I think we all know that is a far fetched number). So no income will be realised from this ‘bolt-on’ fines build until it is actually completed and running. By then both Altura and Pilbara will be well into plans to double production which will far exceed A40’s additional bolted-on output.

So really all A40 has currently proven (without a dfs) is a remaining 8.5 year minelife and is clearly the highest cost lithium mine in Australia.

I think we know it comes in at the same position as this chart that has been circulating for years now.
View attachment 1397085

Good luck!

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Hi Positive, yes in regard to @El Jefe comment

"Almost all metrics looked at between these 3 there is one that always finishes clearly last………...HODL."
https://hotcopper.com.au/threads/qu...4583773/page-17?post_id=36912401#.XBv_NtHZWhA

When I started to look at the metrics, some of which you have outlined in your post, I was left wondering which one he meant that "always finishes clearly last"

Thanks

A40 Price at posting: 25.5¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

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Quick Peer Comparison Going into 2019, page-25

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Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Scientific conference spotlights PYC's work on blindness disease treatment

HotCopper Highlights: Your most watched stocks for Week 47, 2024

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Sales growth pushes Lovisa's fortunes (and shares) upwards

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

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Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL