"In what way do you mean expand Wonorah?"
ASX ANNOUNCEMENT
WONARAH PHOSPHATE PROJECT RESOURCE INCREASE, MINE PLANNING AND COSTS UPDATE
18 December 2008
Testwork is on-going, but results to date are sufficiently encouraging to cause Minemakers to focus its efforts on the potential to produce Direct Shipping Ore as the first marketable product from Wonarah. At a time of difficulty in the world's capital markets, it is preferable to
adopt a low capital and low operating cost strategy, and then to apply early cash flow from the Direct Shipping Ore to a subsequent construction of a beneficiation plant which will be the operation's long term production centre.
This strategy would minimise capital needs and be the least dilutive to Minemakers' current shareholders.
ucl 9 for 1 bid, page-37
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AEV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.33M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $27.26K | 3.029M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2171348 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 504157 | 4 |
View Market Depth
| Last trade - 11.06am 01/11/2024 (20 minute delay) ? |
| AEV (ASX) Chart |