I went to the AGM and will note a few points of intrest:
- The issue is how to spend the capitl and cash flow.
- WH siad they have doen a lot of development at Renison more to go next year to make 20m(?)another then will settle down only need to spend 4 to 5 p/y.
- They expect Sn price to run up futher and strongly. $40/T mentioned perhaps tongue in cheek.
- Their gold prouvction will be as cash cost of approx $900/ oz as ALacer screwed it down hard in the last quarter. teking about $1400/oz 405 hedged.
- No decison yet on the decline at Rover.
- No indication on RDR's assets they rent bidding for it. - If someone else buys it they may see waht happens.
- Wrt Renisn Expansion thye're comparing at Hunan's box Sn fumer solution being lower capex less (maybe $60m less)than a conventiaonal fumer that would cost $200m.
So keeping Cash tight , lips tight. Careful measured expenditure.Presumably will take op's when they come. Cooky wasn't there.
I went to the AGM and will note a few points of intrest:- The...
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Last
43.5¢ |
Change
-0.015(3.33%) |
Mkt cap ! $390.0M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.0¢ | 43.0¢ | $875.9K | 1.981M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50300 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 1137 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| MLX (ASX) Chart |