"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.
"Optimisation studies by Ausenco are in progress for a Single...
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Last
19.5¢ |
Change
0.010(5.41%) |
Mkt cap ! $102.2M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.0¢ | 19.0¢ | $59.78K | 304.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 122615 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 31235 | 2 |
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| Last trade - 13.57pm 11/07/2024 (20 minute delay) ? |
| CVV (ASX) Chart |