Now that is what we are looking for. A potential low CAPEX and low OPEX operation.....No Jetty structure required at the moment vastly reducing risk and cost. Also prudent to add in a overland conveyor as a second stage to reduce haul distance and OPEX. I am interested to see the studies undertaken to a more detailed level (+/-15%) to fully understand the economics of this project.
This shows how low ball the 5 cent offer is, mind you the 5 cent offer was better than Base's offer.
IMHO there is a lot more value in this project than the 5 cents offered.
GLTA.
WTR Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
