Just for clarity on your comment here:
"The point that Mondy made was that Argentina is facing 80% Inflation currently, the assumption or alluding point was that Project Costs would be +80% higher, however this needs to be adjusted for the exchange rate."
That is not an assumption or allusion I made at all. The comment I wrote was this:
"Argentina raised rates 950 bps in August and then another 550bps end of last week. Inflation is running at 80% annualised. Not a commentary on the company of course but country risk is increasing. I know there was a 30% contingency on capex in the PEA but I think the DFS capex may surprise to the downside (find me one recently that hasn’t!)."
In response to another poster's reply, I then wrote this:
"Am aware of capex in USD but currency won’t protect from inflation. Think about the supply chain cost of getting construction items to the site alone…"
Source: https://hotcopper.com.au/posts/63766368/single and https://hotcopper.com.au/posts/63767520/single
- Forums
- ASX - By Stock
- GLN
- General Discussion Banter GLN
General Discussion Banter GLN, page-9889
-
-
- There are more pages in this discussion • 6,187 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GLN (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $77.48M |
Open | High | Low | Value | Volume |
13.0¢ | 14.5¢ | 13.0¢ | $752.8K | 5.503M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 874807 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 36900 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 753538 | 0.130 |
16 | 910929 | 0.125 |
26 | 1136177 | 0.120 |
11 | 3763087 | 0.115 |
28 | 1969713 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 25000 | 1 |
0.140 | 471523 | 10 |
0.145 | 580253 | 9 |
0.150 | 288772 | 5 |
0.155 | 325963 | 8 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
GLN (ASX) Chart |