AMN 10.0% 22.0¢ agrimin limited

I guess its possible they'll try to justify it by claiming a...

  1. 11 Posts.
    lightbulb Created with Sketch. 17
    I guess its possible they'll try to justify it by claiming a higher rate of production:
    PFS: 70GL x 7.3 = 511kt x 83.4% recovery = 426ktpa SOP
    Accepting their PFS recovery figure: 100GL x 7.3 = 730 x 83.4% = 608.8ktpa SOP
    If that is the case it will increase CAPEX considerably, but they'll claim an OPEX benefit & a "Capital intensity" benefit...
    But I think that the reduction in groundwater abstraction & treatment (from 5 to 3.5 GLpa) would not sustain a higher level of production and the salt at 18Mtpa looks low too. (Are they going to harvest it and put it on a discard pile?)
    There again we shouldn't have to wait too long - the DFS is due out by the end of the month and then we can judge for ourselves if they have met their claim that their "DFS to set a new industry standard" which was the title of the slide on Page 21 of their most recent presentation...
 
watchlist Created with Sketch. Add AMN (ASX) to my watchlist
(20min delay)
Last
22.0¢
Change
0.020(10.0%)
Mkt cap ! $74.19M
Open High Low Value Volume
21.0¢ 22.0¢ 21.0¢ $767 3.516K

Buyers (Bids)

No. Vol. Price($)
1 48508 20.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 2363 1
View Market Depth
Last trade - 15.56pm 31/07/2024 (20 minute delay) ?
AMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.