AKM 21.2% 31.5¢ aspire mining limited

Great information about the approvals, focus should now be on...

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    Great information about the approvals, focus should now be on the capital approvals and funding...

    They have US$300M to raise for a project with NPV of US$850M (based on US$150/t coal price) - based on this being met coal, the funding should occur it is just a matter of how it occurs (loan / JV / Earn in / BOOT funding)... Look forward to seeing the revised DFS, and look forward to seeing some timings on how they propose to bring this project to life.

    Great risk reward option, even considering the jurisdiction IMO.

    https://hotcopper.com.au/data/attachments/5016/5016264-ca0e5848baad6a39dc3b9ba394e1b159.jpg
 
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