In other words this mine is a long way off, needs a lot of cash and infrastructure. This could take a good 6yrs or more to develop. Is this the message you trying to underline?
The point is taken, and you dont know what coal prices will be in 6yrs. One problem I foresee is manny of these large resources seem to be in the same stage of development at the same time. Some of the benefits of these great opportunities could be lost by flooding the market.
I also see AFR over priced at this point, not enough information about long term strategy. There are too manny grey areas.
- Forums
- ASX - By Stock
- how will afr get its coal to a port??
In other words this mine is a long way off, needs a lot of cash...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALM (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $9.399M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.6¢ | $17.3K | 2.65M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1719999 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 2989408 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1719999 | 0.006 |
9 | 2667222 | 0.005 |
6 | 4882501 | 0.004 |
2 | 933666 | 0.003 |
4 | 3550497 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 2989408 | 5 |
0.008 | 2069976 | 4 |
0.009 | 5019159 | 8 |
0.010 | 5384450 | 6 |
0.011 | 402805 | 3 |
Last trade - 13.21pm 11/11/2024 (20 minute delay) ? |
Featured News
ALM (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, MD & CEO
Charles Armstrong
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online