I looked at the feasibility study , I can not see how the CAPEX on a 1.8mtpa CIL plant comes in at less than $60M , there has to be labour build cost on top of that and should be shown as a CAPEX expense also otherwise it is disingenuously optimistic from an IRR perspective , would be good to see from GRES what their costing would come in at .
the sub $4.20 a BCM cost seems very low compared with what the likes of CAI came up with for their Bulletin satellite pit which was closer to $18.50 a BCM . Especially strange Ore movement cost is the same as waste movement cost per BCM at 4.20 given a smaller excavator is used to excavate ore compared to waste so less efficient so cost should be higher .
The average strip ratio of near 14:1 is not a good look .
Using diesel as a fuel to make power at $0.60 per KWH just shows how uncompetitive the Australian mining industry has become , thought there was a gas pipeline to Laverton .
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Last
$1.54 |
Change
0.000(0.00%) |
Mkt cap ! $411.9M |
Open | High | Low | Value | Volume |
$1.54 | $1.57 | $1.52 | $44.73K | 29.06K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2276 | $1.54 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.46 | 66 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 2276 | 1.535 |
1 | 2500 | 1.510 |
1 | 10000 | 1.500 |
1 | 12000 | 1.480 |
1 | 14897 | 1.475 |
Price($) | Vol. | No. |
---|---|---|
1.455 | 66 | 1 |
1.565 | 1000 | 1 |
1.585 | 4609 | 1 |
1.590 | 6100 | 1 |
1.595 | 10000 | 1 |
Last trade - 15.59pm 29/07/2025 (20 minute delay) ? |
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