Good looking PFS results - great IRR and NPV, with realistic opportunities to improve on them.
Original announcement of IGO exclusivity was August 8th.
Todays announcement sees FID in Q3 2025, so exclusivity will need to have the extension.
Raising $73m is not insurmountable. MM8 already has some significant shareholders, and recent addition to register Alkane will be beginning to spit out cash from Q1 next year. They have made no secret of their desire to become a multi mine producer at some point.
I was never a patient person, am trying to learn it late in life.
Ann: Outstanding Ravensthorpe-Forrestania Study Metrics, page-5
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Last
25.0¢ |
Change
-0.005(1.96%) |
Mkt cap ! $127.1M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 24.0¢ | $145.7K | 590.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16601 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 7899 | 1 |
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| Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
| MM8 (ASX) Chart |