It's positive news, however let's keep a few things in context:
- the forecasts are based on a medium term average price of USD $200 p/t.1
- And this part: "The production profile assumes the raising of development finance, grant of outstanding development approvals and access to rail capacity and ports in Mongolia, Russia and China, as well as the completion of Phase 1 of the Northern Railways LLC (“Northern Railways”)"
It's just going to take some time and hopefully improved market conditions. The resource is quality. Just need all the infrastructure to get up and running. Other larger miners and govt bond sales will help.
its time, page-20
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Last
31.0¢ |
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-0.005(1.59%) |
Mkt cap ! $159.9M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 31.5¢ | 31.0¢ | $3.235K | 10.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 53277 | 30.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 15580 | 3 |
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| Last trade - 11.07am 15/11/2024 (20 minute delay) ? |
| AKM (ASX) Chart |