SPR 0.97% $1.30 spartan resources limited

I see the capex for De Grey is $1.3b to build a 10 mtpa plant...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,384 Posts.
    lightbulb Created with Sketch. 2717
    I see the capex for De Grey is $1.3b to build a 10 mtpa plant with related infrastructure. I would have thought, via inverted economies of scale, a 2.5 mtpa plant etc would be greater than 25% of that $1.3b ( that is >$325m). I might have that wrong, but would be interested in views from the Engineers. I suspect SPR is very fortunate to have that existing infrastructure!!!
 
watchlist Created with Sketch. Add SPR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.