Treefeed,
Like you I am disappointed with the delays to date.
As per slide 4 of the 5 March presentation shareholders were advised that the Stage 2 “Low grade stockpile @ 0.075%” with 4 to 5 years production at 15,000mtu/m suggested Capex of $20Mil, that’s 3 times the production of the suggested 5,000MTU/M tailings for 2 years,
Unfortunately the Scoping study has not been releases so we don’t have the detail justification and detail paybacks etc. (Currently $54Mil has a 1.5 Year Payback)
All I am trying to do is to remind shareholders that this was originally a staged process and I can remember Dr John Bishop the Ex Ex CEO advising stage 2 & 3 could be self funding. (Maybe 5 years instead 2 years as the current directors are targeting)
Sorry if you feel I have misled Shareholders.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities Report
Treefeed,Like you I am disappointed with the delays to date.As...
-
- There are more pages in this discussion • 7 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 EQR (ASX) to my watchlist
|
|||||
Last
4.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $101.1M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12000 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 298734 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12000 | 0.048 |
2 | 170000 | 0.046 |
1 | 39000 | 0.045 |
1 | 2275 | 0.044 |
2 | 46558 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 298734 | 3 |
0.050 | 250000 | 1 |
0.065 | 287904 | 1 |
0.066 | 50000 | 1 |
0.070 | 24831 | 1 |
Last trade - 16.12pm 09/07/2024 (20 minute delay) ? |
Featured News
EQR (ASX) Chart |
Day chart unavailable