Now that we have the Saudi JV in place for the Hydroxide plant, Capex for Wolfsberg mine would probably be around US$400mn to $500mn
CRML needs to raise a minimum of US$500mn to demonstrate to the market that they have the cash required to take the mine to production. This needs to happen before the listing so when CRML goes LIVE, there will be interest in the project. If this doesn't happen, expect the share price to crash upon listing.
Let's hope Tony has been able to raise the required funds so they can start construction in Q4 this year.
Now that we have the Saudi JV in place for the Hydroxide plant,...
Add EUR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.5¢ |
Change
0.005(10.0%) |
Mkt cap ! $76.89M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.8¢ | 5.3¢ | $116.5K | 2.091M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 991 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 32547 | 2 |
View Market Depth
| Last trade - 11.00am 06/06/2024 (20 minute delay) ? |
|
|||||
|
Last
5.5¢ |
Change
0.005 ( 12.2 %) |
||||
| Open | High | Low | Volume | ||
| 5.3¢ | 5.7¢ | 5.3¢ | 368104 | ||
| Last updated 10.56am 06/06/2024 ? | |||||
| EUR (ASX) Chart |