I think you need to remember that the crowd next door have a far larger scale project underway. Shougang would be mad to proceed in the current environment on the original 1 billion tonnes. They need to extract more tonnes from Palmer to increase production levels to make it worthwhile,should they decide to proceed.Would have thought it was also in Palmers interest as well.
Im sure that is what ARH management have been pushing for and why EPA approval has been sought to allow for the provision of a doubling of mining/production levels.
We must be close to needing more cash given our current payroll cost.
- Forums
- ASX - By Stock
- ARH
- is this the end or the beginning
is this the end or the beginning, page-5
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)