AKM 0.00% 35.0¢ aspire mining limited

Ann: Aspire Obtains Placement Pre-commitments, page-9

  1. 27,197 Posts.
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    the funding package for the rail, 1.25b, assume it includes the service road, will be huge catalyst.


    while the rail takes a longer path to build, getting this service come haulage road through opens cash flow for Ovoot 3-4mt, and nuurstei 1 mt pa.


    fast tracking cash flows, win-win.


    Those who were thinking that a 4-5 year waiting game to rail, to unlock the build up to 10mtpa thereafter ,will have to scramble if they want in,, as can now rethink, that the existing rail/ road can get significant proportion of cash flows for earlier return to investors.


    This small pull back natural if those wanting to take position, in this placement could easily flip for small profits.


    It just seems like a sitting duck, when we are trading at 2.5c, for instos to cry out for more, and take quick profits.



 
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