'The project has also been subject to review by the EPC (Engineering, Procurement and Construction) contractor, which has now provided a fixed price of US$ 1.42Bn for the processing plant, mine infrastructure and port facilities.
Other project capital, including the mining fleet, pre-strip and power line are expected to cost a further US$ 300m – US$ 400m.'
The extra capital comes down to the final sentence in the above. How MMC gets this will be the interesting point. Hopefully with the least amount of dilution and/or loss of further ownership.
I agree with Oscar. I think the picture will change a lot over the next 6 months. Just hoping they can meet the deadlines.
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Last
79.0¢ |
Change
-0.040(4.82%) |
Mkt cap ! $88.47M |
Open | High | Low | Value | Volume |
80.5¢ | 81.0¢ | 78.0¢ | $291.5K | 365.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1307 | 76.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
79.5¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1307 | 0.765 |
1 | 25000 | 0.750 |
1 | 5000 | 0.740 |
1 | 17000 | 0.730 |
1 | 701 | 0.720 |
Price($) | Vol. | No. |
---|---|---|
0.795 | 10000 | 1 |
0.810 | 7500 | 2 |
0.845 | 35502 | 1 |
0.860 | 5000 | 1 |
0.875 | 8695 | 1 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
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