AGY argosy minerals limited

Ann: Argosy Executes Offtake HOA with Mitsubishi Corporation RtM, page-73

  1. 18,039 Posts.
    lightbulb Created with Sketch. 3370
    The company said 15-18 months to construct and commission as per their quarterly report. Usually these things always takes longer than planned but lets take it at face value.
    Say add 3 months more just contingency , that takes you to 21 months.
    If permits and funding takes another 3 months from now that takes you out to 24 months to get plant to commissioned stage.

    Another month or so of fluffing around as they do - so say you start production in 26 months time and it takes you 12 months to produce the 2000tons. Revenue won't start rolling in for about another 30 months.

    So Capex + opex needed could be upwards of $40mil


    https://hotcopper.com.au/data/attachments/1697/1697175-e8c14580f4b780e300ef237d6179cbac.jpg

    Last edited by kevin103: 23/08/19
 
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