"Optimisation studies by Ausenco are in progress for a Single Train ~27Mtpa
design. Results are due next month and are expected to show substantial
reductions in capex and operating costs"
I think the release of this PFS now was designed to "tank" the stock. Next month "somehow" millions of $$ of CapEx will be removed to make this look significantly better. Probably a 30-35% uplift in stock before mid September.
My thoughts only.
Ann: Pre-feasibility Study - Caravel Copper Project, page-8
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Last
15.0¢ |
Change
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Mkt cap ! $83.81M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 15.0¢ | $45.26K | 301.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 159214 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 90224 | 6 |
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