Yeah, under $100m would be great, but I literally have no idea in which way the company will go.
How low cost VS how strategic?
Barging is obviously going to be significantly cheaper in the near term, but with higher operating costs.
I think the company could barge for the first 12 months (?? no idea) whilst the stockpiling, conveyor and ship loading facilities are being built.
How much would this facility cost? How much would need to be paid in advance? How much can the company self fund via production?
This will also come down to how the company scales up production.
How deep is the skilled workforce? How much training is required? What will be the initial production target and how long will it take to get to steady state production before expanding?
Is 50,000t per month (600k p.a.) realistic in the early months? 75,000t (900k p.a.)?
What will the margins be on these initial numbers? No idea, but the company should start making money pretty quickly.
I am sure the experts at Wardell Armstrong have created a few scenarios as a part of the scoping studies.
It'll be about 6 weeks to the MRE, then another 2 - 4 weeks for the scoping studies to be updated with the numbers from the MRE.
I am guessing we will have details around early June.
So long as we are capturing the weather data - which Paul said they are doing, hopefully the PFS can be completed by March next year.
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Change
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Mkt cap ! $13.60M |
Open | High | Low | Value | Volume |
9.9¢ | 9.9¢ | 9.9¢ | $2.5K | 25.25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24749 | 9.9¢ |
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Price($) | Vol. | No. |
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10.0¢ | 653 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 24749 | 0.099 |
1 | 50000 | 0.096 |
1 | 45000 | 0.090 |
2 | 148189 | 0.084 |
1 | 69932 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 653 | 1 |
0.105 | 35200 | 1 |
0.120 | 32222 | 1 |
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0.135 | 13913 | 2 |
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