ex-yank your right on my maths--it was a very very late night post without my calculator.
the real value is CQT cost to build their own procesing plant is around $130m.
NQM and HSK have a plant that looks like its 90km or so away from their resources,with spare capacity that they can buy for less.
They get the goldmine and production and current profitable operation for nix as a bonus.
probably suitable for immediately digging out their silver Knob and adding it to the processing ore as a quick cash boost
All about economics and getting production quicker.Its not having resources these days,or construction plant problems, or cost over-runs,but having a proven operating plant NOW to process resources while current prices prevail.
- Forums
- ASX - By Stock
- NQM
- 40% of mine worth $37m-what's your share worth
40% of mine worth $37m-what's your share worth, page-8
-
- There are more pages in this discussion • 1 more message 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 NQM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online