From what i understand the initial outlay is quite substantial but the operating costs are minimal next to the traditional method. I don't have any proof to back this up but i believe it because of the high amount of automation within the system. Realistically though, does anyone believe the prices will sink below $1 while the stock piles are so low. I can’t see it happening any time soon.
Jet does raise a good point though, and I think this is one of the few ways INL could end up flopping.
is inl dependent on high zn prices, page-8
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Last
45.5¢ |
Change
-0.050(9.90%) |
Mkt cap ! $87.30M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.0¢ | 44.5¢ | $382.1K | 816.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 16000 | 1 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| SDV (ASX) Chart |