"I also believe that Ambergate will be sold to one of the other mining companies neighbouring them.
I can't remember the name of one of them, from previous research in to it I found they're nearing depletion so will have to look elsewhere if they haven't already."
It's Doral you're thinking of, specifically their Yalyalup operation https://strategicenergy.com.au/ambergate/YALYALUP OPERATIONS
The Yalyalup mineral sands mine is located approximately 6kms north east from the previously mined Yoongarillup site. The Yalyalup mine has been operating since 2022 and produces approximately 100,000 tonnes per annum of Heavy Mineral Concentrate (HMC) comprising of ilmenite, leucoxene, rutile and zircon over the life of the project. The mine life is expected to be 4 to 5 years with the possibility of further extension subject to approvals.
"I also believe that Ambergate will be sold to one of the other...
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Mkt cap ! $6.710M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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| 1.0¢ | 1897465 | 6 |
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| SER (ASX) Chart |