Bare farm land in that area is circular $1,000 /Ha so land is worth $600,000 only if that.
A couple of small blocks of land somewhere else.
Not sure what else they get except some lapsed approvals and no guarantee of govt funding or off take
No plant and equipment.
Land along side a high voltage transmission line with possible supply of power to Prominent Hill Copper mine and extraction plant but subject to doing a suitable deal
Project requires a complete design, finance and build so a very long way to go.
Still no proven TESS operating to design spec that we know of and no forward sales.
A very long road ahead..........
14D Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held
