I held a senior position in the Simadou PFS for Rio ten years ago. The estimate then to get the project completed - mine, rail, port - was approximately $US 25B in 2014$. High grade iron ore in one of the worst places on earth. So Arrow proves up a resource ( and it will cost a lot more money to do so ). What does it do then? If Rio and Chinalco wouldn’t take on the risk, could a small company go forward with anything? Would love to know the MD’s strategy. He is a smart man, a proven performer. I understand the excitement but the reality is a long road and a lot more capital expenditure for a questionable future.
- Forums
- ASX - By Stock
- AMD
- Ann: David Flanagan leads recapitalisation and Board Restructure
Ann: David Flanagan leads recapitalisation and Board Restructure, page-123
-
- There are more pages in this discussion • 126 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AMD (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.37M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $73.14K | 36.57M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
145 | 439234680 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 180137837 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
145 | 439234680 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 180137837 | 13 |
0.003 | 288270652 | 53 |
0.004 | 52775429 | 31 |
0.005 | 41307296 | 19 |
0.006 | 38029748 | 22 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
Featured News
AMD (ASX) Chart |