APC apc minerals limited
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The exploration looks solid and the overall project looks ok but...

  1. sevo
    7,080 Posts.
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    04/06/20
    13:19
    Post #: 45034966
    The exploration looks solid and the overall project looks ok but I can’t see anything outstanding.
    The capital intensity isn’t the lowest, the operating costs are on the WA higher side. The aim to convert WA farmers to SOP is wishful thinking at this stage.
    And I think transporting MOP halfway around the world to the middle of Australia, to make a project economic is questionable when the world is trying to reduce its emissions.

    APC Price at posting: 5.1¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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