Just wondering how you are valueing SHD and where people see the SP going.
If sp is roughly worth 80M now and will need to raise ~ 120 M this year to fund the stage one operation which is targeting 3mtpa where do people see the SP going over the next 12 months.
For example if they had to raise 120 m at these prices we are looking at market cap of 200M at a sp of 10c. Similar if we choose to partner up due to the project dilution.
Then what are we projecting for both extraction and operational overheads and IO price that we are likely to receive.
For example if we were to say we are exporting 3mpta at a price of $100 p/t and extraction/transport costs are around $50 plus whole of mine costs of another $15 p.t. then we are looking at $100M p.a. in earnings or a pe of 2.
SHD Price at posting:
9.5¢ Sentiment: None Disclosure: Not Held
