@TwinTurboCe1ica SOL sell down definitely seems to have been a big drag, selling down on market from a 30%+ position done a number on it. Future growth capex potentially? Couple head scratchers in that region, AMI another. Plenty of value there.
@AlchemyofFinan1@longarmlopez Hard to see Lingbao standing for poor execution on the the delivery of New Simberi, Chinese are proven operators think it should provide some comfort re management.
@ShowerCapAM They had cash on hand of 187m end of December quarter and expect operations to be CF+ for March quarter. they are also expecting to do ~100koz from oxides in FY27 which should provide a further cash buffer.
@PeterLBrandt If you own it then why not keep it up? Why do you hold yourself in such high regard as being a tough man sitting behind a screen posting this rubbish? You are a geriatric gronk acting tough behind a keyboard.
@Justin_K000@asxpeasant Yeah Peasant called this one to a tee, shame that there has been a few fraudulent names that have put scars on the sector. Hopefully MTM pull it off because it would be awesome to see Western processing tech get commercialised and grow as an industry.
@asxpeasant Thanks mate, are you think that sourcing consistent feed at that scale will be achievable? Sceptical on these plays as ASX have been a graveyard for similar themed, obviously if they can achieve what they are projecting it will be a phenomenal business.