Right now I would think various mid cap cashed up aussie miners are having a look through the PFS for Ravensthorpe for any red flags.
As on paper it looks pretty sound, a payback of ~3years, reasonable infrastructure in the vicinity, and a 9year LOM for 777k oz recovered over that period (with some more work required to validate recovery rates).
For a seasoned mid cap (with proven record for developing mines) and I think MM8 presents an attractive option to add ~80k-100koz/pa (for 9years) to your production profile. Many of the these companies are sitting on $250m plus in idle cash,.... so they could lob an all script offer for MM8 shareholders then use the idle cash to fund the ~$163m capex costs.
- Forums
- ASX - By Stock
- Ann: PFS demonstrates technical and commercial viability of RGP
Right now I would think various mid cap cashed up aussie miners...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MM8 (ASX) to my watchlist
|
|||||
Last
5.4¢ |
Change
0.001(1.89%) |
Mkt cap ! $16.61M |
Open | High | Low | Value | Volume |
5.4¢ | 5.6¢ | 5.4¢ | $6.1K | 110.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30228 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 141316 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30228 | 0.054 |
1 | 80000 | 0.053 |
3 | 283252 | 0.050 |
3 | 175009 | 0.049 |
6 | 236516 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 141316 | 1 |
0.058 | 90000 | 1 |
0.060 | 259000 | 2 |
0.068 | 17712 | 2 |
0.079 | 124203 | 2 |
Last trade - 15.27pm 28/06/2024 (20 minute delay) ? |
Featured News
MM8 (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online