Based on the information we currently have available, I'm not sure Jag needs a "premium price" to stack up financially. I recall the scoping study looked pretty good with nickel prices not far off where we are today, even at the lows from a few weeks/months ago.
My view is that being able to tie into a HV power supply for the plant and most mine infrastructure (trucks and other mobile earth moving equipment excepted) is a very real cost advantage.
This alone is worth the approach being taken IMHO.
That this electricity is generated from hydro is just a bonus and if CTM gets some brownie points for having low GHG, great.
The Opex reduction from not having to run a line up of diesel powered generators alone is likely to be compelling.
my 2 cents, ymmv dyor
Based on the information we currently have available, I'm...
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Last
39.0¢ |
Change
-0.025(6.02%) |
Mkt cap ! $193.0M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 40.5¢ | 38.5¢ | $39.78K | 98.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1896 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 42.5¢ | 21859 | 1 |
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| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
39.0¢ |
Change
-0.025 ( 4.08 %) |
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| Open | High | Low | Volume | ||
| 40.5¢ | 40.5¢ | 39.0¢ | 13848 | ||
| Last updated 15.48pm 01/05/2024 ? | |||||
| CTM (ASX) Chart |