LOL - if they need to raise capital to operate the quarry it is obviously financial not viable...
As for your $1m/pa that's just polony. It's $6.3m for 2.5years and MNM came up with 6 months for payback so there goes your guess, vertigo.
Anyway, Start up cost $800,000 as per MNM's scoping study, $2,686,000 raised in the last 24 months or since Norton was announced... Enough to get it going however still not operating... Why?
Any buyers for the concentrate? Obviously not...
- Forums
- ASX - By Stock
- AUL
- Email to IK
Email to IK, page-28
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AUL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online