AMN 7.69% 14.0¢ agrimin limited

Ann: Major Project Status, page-10

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 11 Posts.
    lightbulb Created with Sketch. 17
    I guess its possible they'll try to justify it by claiming a higher rate of production:
    PFS: 70GL x 7.3 = 511kt x 83.4% recovery = 426ktpa SOP
    Accepting their PFS recovery figure: 100GL x 7.3 = 730 x 83.4% = 608.8ktpa SOP
    If that is the case it will increase CAPEX considerably, but they'll claim an OPEX benefit & a "Capital intensity" benefit...
    But I think that the reduction in groundwater abstraction & treatment (from 5 to 3.5 GLpa) would not sustain a higher level of production and the salt at 18Mtpa looks low too. (Are they going to harvest it and put it on a discard pile?)
    There again we shouldn't have to wait too long - the DFS is due out by the end of the month and then we can judge for ourselves if they have met their claim that their "DFS to set a new industry standard" which was the title of the slide on Page 21 of their most recent presentation...
 
watchlist Created with Sketch. Add AMN (ASX) to my watchlist
(20min delay)
Last
14.0¢
Change
0.010(7.69%)
Mkt cap ! $47.99M
Open High Low Value Volume
14.0¢ 14.0¢ 14.0¢ $14.16K 101.1K

Buyers (Bids)

No. Vol. Price($)
1 47896 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 17400 2
View Market Depth
Last trade - 09.59am 13/11/2024 (20 minute delay) ?
AMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.