No set time frame Ajostu but the better the results, the sooner we can expect the upgrade. Partly because better results mean better cash flow but also because Darren has said the upgrade will come when the orebody tells them its time to upgrade. Also the better the results from open pit, the more they will gain confidence on the underground potential. There is ample resource from u/g and open pit to justify an early upgrade especially considering how low the capex is for the upgrade. Also keeping in mind the resource is very much open at depth so u/g mining will be very important to the valuation upside potential.
No set time frame Ajostu but the better the results, the sooner...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PRX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.236M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $2.361K | 1.180M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 8397902 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 21506422 | 27 |
View Market Depth
| Last trade - 14.09pm 28/06/2024 (20 minute delay) ? |
| PRX (ASX) Chart |