Found this interesting......
" Archer’s magnesite project is the largest of its type in the world and one of the possible development pathways for this project includes the construction of a caustic calcined magnesia plant. This would require securing a supply of energy."
That will require some funding.
I wonder if they already have a jv partner, with money, lined up. Why else start talking to gas supplier?
News: Leigh Creek Energy teams up with Archer Exploration, page-2
Add AXE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
29.0¢ |
Change
-0.015(4.92%) |
Mkt cap ! $73.90M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 31.5¢ | 29.0¢ | $205.8K | 690.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 45527 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 12310 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AXE (ASX) Chart |