It’s almost certainly associated with the updated Kiaka feasibility study - owner operated mining with 50% larger dump trucks and excavators. Will require circa US$100 - 120m based on CAPEX estimates in the study. Not ideal from a short term viewpoint - but it will allow 10% uplift in annual production, reduced OPEX and a slightly longer mine life due to the uplift in ore reserves.
Ann: Trading Halt, page-11
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Last
$1.47 |
Change
-0.010(0.68%) |
Mkt cap ! $1.666B | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.47 | $1.44 | $2.913M | 2.004M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 89729 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 54718 | 3 |
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