Ann: ARK to sell Mount Porter and Frances Creek Tenements, page-3

  1. 830 Posts.
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    From the previous ANN 17/4, it appears that Old Pirate doesn't have an approved MMP...? Am I right ?

    Also, we are looking at $2.2M for initial costs to ABM for Old pirate (incl $1.7M bond)… Doesn't this mean there is an approved MMP for Old Pirate...?

    Apart from $500K optional purchase price for Old Pirate, what would be initial startup costs prior to positive cash flow (production) ?

    Looks like another bit of a wait...
 
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19.0¢
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Price($) Vol. No.
20.0¢ 20000 1
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