Mineral Resources Quarterly released today, provided the following commentary in relation to the Ashburton Hub project central to commencement of production from RHI tenements and the (MIN) Bungaroo South tenement from which RHI will also receive a 0.75% royalty:
Ashburton Hub
MRL progressed development activities at the Bungaroo South deposit. A total of 104 RC holes for 10,570m and 15 diamond core holes for 1,501m were drilled throughout the quarter.
Significant engineering and detailed design continued to progress the Ashburton project. Two transhippers were contracted to be built at a major COSCO shipyard in China. The contract has an option for an additional two transhippers to be delivered in-line with the projected production ramp up. In addition, several critical supply contracts associated with the transhippers are being finalised. The project economics are compelling through all economic cycles and the Company remains ready to commence construction as soon as final Government and regulatory approvals are obtained.
Regards
DF
Ashburton Hub Update
-
- There are more pages in this discussion • 75 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RHI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.75 |
Change
-0.070(1.20%) |
Mkt cap ! $373.2M | |||
| Open | High | Low | Value | Volume |
| $5.83 | $5.83 | $5.75 | $81.48K | 14.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 287 | $5.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.76 | 757 | 1 |
View Market Depth
| Last trade - 10.28am 12/07/2024 (20 minute delay) ? |
| RHI (ASX) Chart |