Atlantic are needing to spend next to nothing now really to bring a (their) major spodumene mine and concentrator online; around US$25m now needed for remaining capex, after this US$32.9m investment, if I am correct?
That is quite impressive, even if they will be in partnership obviously and not have full ownership as 50/50 with Piedmont, this is still now unbelievably low capex for A11 for a very considerable NPV and a project with high production numbers.
I take this as very good news for Atlantic and Piedmont, further derisking.
Atlantic are needing to spend next to nothing now really to...
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Last
43.5¢ |
Change
-0.015(3.33%) |
Mkt cap ! $282.6M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.0¢ | 43.5¢ | $9.188K | 20.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 30747 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 44.5¢ | 12562 | 2 |
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| Last trade - 15.37pm 13/06/2024 (20 minute delay) ? |
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Last
44.5¢ |
Change
-0.015 ( 1.14 %) |
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| Open | High | Low | Volume | ||
| 43.5¢ | 44.5¢ | 43.5¢ | 10564 | ||
| Last updated 14.51pm 13/06/2024 ? | |||||
| A11 (ASX) Chart |