9-12 months sounds reasonable for ramp up IF all goes well....
Trouble is even at nameplate they'll be producing above current prices.....
Will they have enough funds to spend 9-12 months with big losses....
Both CXO and SYA did big cap raises just prior to production to carry them through ramp up....
Even 12 months after 1st production they are not at nameplate.....
Or even close to making a profit.....
PLS, GXY also took a long time to get to nameplate & be profitable......
9-12 months sounds reasonable for ramp up IF all goes...
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Last
$1.21 |
Change
0.090(8.04%) |
Mkt cap ! $2.933B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.21 | $1.14 | $15.28M | 12.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
$1.20 |
Change
0.090 ( 5.97 %) |
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| Open | High | Low | Volume | ||
| $1.15 | $1.20 | $1.14 | 2707636 | ||
| Last updated 15.59pm 29/04/2024 ? | |||||
| LTR (ASX) Chart |