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0.00% 17.0¢ ark mines limited

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

  1. there-is-no-try
    830 Posts.
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    23/07/18
    12:49
    Post #: 34518682
    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...
    AHK Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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