The read through for me is unfavourable/zero interest for offtake / financing. Need to lower capex to have any chance of moving this project forward. Remember they hired a mob to assist with funding? With a high capex, this project stays on ice and they're back to being an exploration company.
If we don't see any outcome of funding by q3/q4, Imo It's time to review some of the management remuneration or even lean up on personnel. $1mil per qtr won't be justified.
Another 2 to 3 months after ausenco finalises their part of the Dfs? Solid piss-taking and milking right here.
Ann: Jaguar Feasibility Study to Focus on Concentrate Project, page-15
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Last
43.5¢ |
Change
-0.030(6.45%) |
Mkt cap ! $215.8M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 46.5¢ | 42.5¢ | $257.1K | 581.3K |
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| 1 | 99994 | 43.5¢ |
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| 45.5¢ | 50000 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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43.0¢ |
Change
-0.030 ( 8.35 %) |
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| 46.5¢ | 46.5¢ | 43.0¢ | 95176 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
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