1MC 8.89% 4.9¢ morella corporation limited

PLS and AJM must be talking, page-3

  1. 3,187 Posts.
    lightbulb Created with Sketch. 972
    You may suggest that it would make sense to build a single plant shared by both PLS & AJM and in some sense it would be synergistic in doing so. However dependent on the initial and subsequent PLS plant size, the CAPEX required could possibly be paid back within a single year. My thoughts are the greater the demand for PLS concentrate and the larger the eventual resource, the less attractive a AJM / PLS combined plant becomes. Based on forum discussions it would appear that two parties have already approached PLS to discuss debt funding but were told to return after the PFS was completed and released to the market.

    I could very well be wrong on this, however after the PFS is released I am expecting things to start moving very quickly. All will be revealed in due course.
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
4.9¢
Change
0.004(8.89%)
Mkt cap ! $12.11M
Open High Low Value Volume
4.8¢ 4.9¢ 4.4¢ $7.714K 158.8K

Buyers (Bids)

No. Vol. Price($)
1 8227 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 2606 1
View Market Depth
Last trade - 15.55pm 16/07/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.