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2.33% 4.4¢ morella corporation limited

Ann: Scoping Study Gives Green Light for Project Expansion Plans, page-7

  1. binwood
    9,037 Posts.
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    13/11/17
    09:54
    Post #: 28726688
    So 17 months from FID to production.

    DFS expected April. Allow the management team 2 months to arrange FID and then think about funding strategies - let's call it June. That pretty much puts us on track for December 2019/ January 2020 production of Stage 2. Only 24 months from now and AJM will be a monster. Should be $2bn+ in 2 years time.
    AJM Price at posting: 43.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 31  Upvote
    lightbulb Created with Sketch.  Great analysis
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