The deal document between Atlas and Warwick shows some interesting info re Mt Webber. While the document is 300 pages plus it shows that Mt Webber will begin generating cash flow in 2012 with 3m tons being mined pa at a cost of $43/ ton. The capital cost will be $35m of which $10m would be payable by HDN.
The cash flow to HDN on 900,000 tons pa will be very useful
With three cash flow operationd by 2012 via Baline Mt Webber and Indonesian mining services this co will be able to explore and develope its tenements.
It is also worth noting that the AGO / HDN deal over Mt Webber is just about Iron Ore. The gold , base metals etc remain with HDN.
This company continues to surprise.
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Last
$1.28 |
Change
0.008(0.59%) |
Mkt cap ! $2.670B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.29 | $1.27 | $1.001M | 783.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 60593 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 88070 | 12 |
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| Last trade - 11.10am 31/07/2025 (20 minute delay) ? |
| HDN (ASX) Chart |