So looking forward if the Enterprise Optimisation Study confirms trucking (electric motors not diesel) is the preferred handling method (as opposed to expensive shaft and conveyors as shown in fig 3) and DFS gets board approval, GRR can reduce C1 by apprximately 20%.
With current IO 65% Pellet prices improving, open cut mining continues to be profitable so with $+500M in the bank, GRR can easily pay $160M capex to for NPUG, continue to pay sustainable divys as well.
.....4 to 5 years as open cut is replaced by UG, cost of mining ore at $17-$22 /t, GRR will be in a better position to bankroll SD.
- Forums
- ASX - By Stock
- GRR
- Ann: Savage River Underground Prefeasibility Study Results
Ann: Savage River Underground Prefeasibility Study Results, page-25
-
- There are more pages in this discussion • 15 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 GRR (ASX) to my watchlist
|
|||||
Last
27.5¢ |
Change
-0.025(8.33%) |
Mkt cap ! $318.2M |
Open | High | Low | Value | Volume |
29.5¢ | 29.5¢ | 27.5¢ | $934.7K | 3.291M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 428270 | 27.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.0¢ | 104947 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 428270 | 0.275 |
13 | 227319 | 0.270 |
6 | 165319 | 0.265 |
17 | 218018 | 0.260 |
6 | 82272 | 0.255 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 104947 | 1 |
0.285 | 34000 | 1 |
0.290 | 80880 | 4 |
0.295 | 26509 | 1 |
0.300 | 280890 | 6 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
GRR (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online