I never said lower grade was an advantage. It would be great for AMN to have a higher grade. What I said was that it is just one of many variables including steady state flow rate that make a project. You can probably throw management in the mix as well!
100m long trenches of uniform depth and width placed on parts of the lakebed where future production trenches are likely to go is much more representative than seemingly random ones being pumped for arbitrary periods of time.
Do you really think RWD will be able to raise the 100’s of millions necessary based on “yeah it went OK for almost 10 days”. The answer is definitively no. If there’s not a problem with the hydrology then there’s a big problem with the management.
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I never said lower grade was an advantage. It would be great for...
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Mkt cap ! $27.10M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
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No. | Vol. | Price($) |
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1 | 30522 | 7.1¢ |
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Price($) | Vol. | No. |
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1 | 285714 | 0.070 |
1 | 22000 | 0.069 |
1 | 10489 | 0.066 |
2 | 230000 | 0.061 |
Price($) | Vol. | No. |
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0.079 | 4040 | 1 |
0.080 | 71333 | 1 |
0.090 | 11561 | 2 |
0.100 | 247106 | 4 |
0.125 | 100000 | 1 |
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