First image below shows the Location of decline and portals.
Second image notes they will not be utilising the fill 2.5mtpa capacity, looking at multiple restart scenarios, low cost options being considered to optimise existing infrastructure. I noted the comment that previously one of the lowest cash cost processing infrastructure in the Murchison area.
In addition they state starting the decline will offset future capex requirements and reduce lead times to production.
IMO their strategy is logical ie makes sense - do more exploration while creating the decline (no point in wasting time doing the decline and no exploration) while looking at various restart options.
Also noted they are only looking at a NN MRE update this quarter not the other deposits.
- Forums
- ASX - By Stock
- Ann: A$80m Fully Underwritten Equity Raising to Accelerate Explor
First image below shows the Location of decline and portals....
-
-
- There are more pages in this discussion • 163 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 SPR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.33 |
Change
-0.020(1.49%) |
Mkt cap ! $1.518B |
Open | High | Low | Value | Volume |
$1.38 | $1.39 | $1.32 | $6.762M | 4.992M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 280094 | $1.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.21 | 6000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 280094 | 1.455 |
1 | 28345 | 1.420 |
1 | 4242 | 1.405 |
1 | 3235 | 1.400 |
7 | 112358 | 1.395 |
Price($) | Vol. | No. |
---|---|---|
1.210 | 6000 | 1 |
1.255 | 28686 | 4 |
1.260 | 291660 | 9 |
1.265 | 469 | 1 |
1.275 | 7761 | 1 |
Last trade - 15.59pm 02/10/2024 (20 minute delay) ? |
Featured News
SPR (ASX) Chart |