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7.14% 1.3¢ armada metals limited

I'd guess its to do with it being of medium term benefit. $20m...

  1. goosmurf
    308 Posts.
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    16/02/10
    11:21
    Post #: 6335640
    I'd guess its to do with it being of medium term benefit. $20m contract over 5 years, but $10m capex up front (to be completed Sept 2010). Presume we won't see any benefit this fin year but aside from NT govt shareholders should keep in mind future additional business from this build out.
    AMM Price at posting: 29.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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