For those that wonder about monitising SteamEngine, I found this for anyone interested. A plant this size would mean self funding exploration.Special Report: Vertex Minerals’ decision to acquire a Gekko gold gravity processing plant looks to be a wise one with a new engineering study finding that it will lower capex for its Reward mine development and enable early cashflow.
Gekko plants are renowned for their low-energy mining capacity, smart design and high-tech capabilities.
They are also easily transportable and modular, making them suitable for being moved around, while having the capacity for expansion and ease of modification.
Vertex Minerals (ASX:VTX) had acquired this particular plant from the Morningstar gold mine in Victoria for just $620,000 plus GST after raising $800,000 via a placement to fund the purchase.
For those that wonder about monitising SteamEngine, I found this...
Add SPQ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $14.00M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $11.18K | 1.546M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 3984669 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 676993 | 4 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
|
|||||
|
Last
0.7¢ |
Change
-0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 0.8¢ | 0.8¢ | 0.7¢ | 563473 | ||
| Last updated 15.53pm 07/06/2024 ? | |||||
| SPQ (ASX) Chart |