As a refresher ...
2Mt would be the ideal exploration target for EPM
10 years * 200ktpa mine life
We know the costings would be similar to the ROL example, which was:-
- capex just $10-12M
- opex $42-50/t
- selling high grade Mn at up to $200/t
It works out to around $30Mp.a in FCF potentially
For something capped under $12M, this is a gift
As a refresher ... 2Mt would be the ideal exploration target for...
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Mkt cap ! $18.00M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $7.117K | 889.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 110512 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 2590000 | 4 |
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| Last trade - 11.21am 19/07/2024 (20 minute delay) ? |
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