A4N 2.08% 98.0¢ alpha hpa limited

Ann: HPA First Project Definitive Feasibility Study, page-2

  1. 545 Posts.
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    What a shame to release a great DFS into this calamitous market! Will be interesting to see the reaction.

    A little disappointing to see CapEx increase, but the reality is that this almost never stays the same as projects move through to detailed costing. And the use of the word "disappointing" needs to be taken in context - the project has gone from ridiculously profitable to only slightly less ridiculously profitable with none of the risks and constraints associated with mining and refining an inherently variable feedstock of finite mine life.

    Looking forward to coming out the other side of the next 6 months.
 
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