Maybe they are needing to buy loaders trucks drill rigs all undergound machinery, are they going to operate underground development and Mining.
Maybe they will outsource the development and just run the mining, or will they outsource everything and just run the Mill and ore extraction.
Looking forward to Ron mentioning that side of things, they will be running numbers, he has mentioned all staff will be based in Armidale so i am guessing they are looking at running the full operation.. Which will take considerable expenditure, maybe thats why $70m startup sounds so high for an operation that is already developed.
Anyway.. happy sitting back and counting the LRV cash cow
LRV funding discussion, page-25
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LRV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
37.5¢ |
Change
-0.010(2.60%) |
Mkt cap ! $116.7M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 40.0¢ | 37.5¢ | $567.4K | 1.485M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 249710 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 739188 | 1 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| LRV (ASX) Chart |