ARU announcement also stated delaying Studies
BFS completion date extended by nine to twelve months to complete new work targeted
to maximise the inherent value of the Nolans Project;
Arafura is currently well funded, with A$79 million cash at end of May 2011;
The Company estimates that additional funding in the order of A$50-A$60 million will be
needed for the expanded BFS and other costs originally envisaged as part of project
financing, but now brought forward due to the revised schedule
This means an even bigger head start for LYC!
crown/lamp, page-40
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Last
$7.75 |
Change
0.030(0.39%) |
Mkt cap ! $7.206B | |||
| Open | High | Low | Value | Volume |
| $7.71 | $7.81 | $7.63 | $12.03M | 1.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6556 | $7.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.77 | 3385 | 1 |
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| LYC (ASX) Chart |