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2025 coincides with the completion of Port of Geraldton...

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Azzies

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10/01/24

11:58

Post #: 71809523
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Originally posted by carnabombers: ↑

The simple answer is NO. Capital costs will be upwards of $12.5m. So far, well, up to June 2023, they spent $2.2m on construction costs. Now cinnebon has stated that they were buying a lot of second hand equipment but we have no idea what that means re total cash outlay. We will find out one day (I hope).
production - yeah, more likely in 2025.

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2025 coincides with the completion of Port of Geraldton expension, hopefully we have somehow secured tonnage there

VRX Price at posting: 10.3¢ Sentiment: Hold Disclosure: Held
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