IPT 0.00% 2.4¢ impact minerals limited

Sniffa,Total bullshit, you are obviously p#ssed off expecting to...

  1. 2,130 Posts.
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    Sniffa,
    Total bullshit, you are obviously p#ssed off expecting to buy at under 1c. There is still ample opportunity to buy cheap now before the major rerate, which is under way. Why else would start you nonsense every time the ITP shares rally.
    IPT’s Lake Hope is very cheap to mine and cheap to process, the ore is at surface with no overburden, thus requires no pre-stripping and no selective mining. A naturally fine grain ore which is soft and easy to mine, requires no crushing or grinding. Ore is trucked to an off site processing facility and as such requires no expensive on-site workers accomodation camp. The processing plant will require no expensive grinding machinery, a simple wash and filtration circuit is all that is required for the upfront processing facility and then a low-temperature Sulphuric acid leach. It’s a low energy consuming process with minimal benign waste products. The CAPEX will half that of A4N and the OPEX will also be more than half that of A4N. As such IPT’s debt will be less than half that of A4N and it’s pay out of debt will be within a few years of operation.
    Last edited by The Mechanic: 18/04/24
 
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