yeah and the article also says.. that to do that ie expand they would need enviro approval etc ..
and as yet they're not even ready to mine.. all they're shipping is stockpiled ore.
Mgx is shipping 3Mt, will be shipping sim from Koolan (aztec) any day now and will within the same timeframe Admiralty is talking about mining and shipping "new" ore will also have another 3-4Mt from Extension hill. Ie MGx will be shipping twice the MAX admiralty could possibly ship within 12 months.
Balanced reporting .. lol.
my opinion only.
afr article, page-6
Add ADY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.03M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2765 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 252740 | 1 |
View Market Depth
| Last trade - 09.29am 16/10/2024 (20 minute delay) ? |
| ADY (ASX) Chart |
Day chart unavailable