Prospektor, the metal content of the resource (initial) is about $600m isn't it. Even if it did cost $60m, so what. The operating margin on this little beauty will be magnificent. Plus, there would be all sorts of add-ons built into any management model. Capex is not the only cost. They would need working capital etc. Worth asking the question, sure, as to where the $60m figure comes from. By the way, the resource will be much bigger than this in time...that's my bet. They have a fair bit of scope to increase the resource. That's my take on this, having listened carefully at the recent presentation. clearly they needed this native title clearance. I bet we are pretty close to the off-take and financing. Hang loose.
Some other poster quesried the Japanese....lol...what Japanese...they were Chinese (Hunan), and they wasted THR's time for 6 months. Think I may have heard that at the presentation too.
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $5.686M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $12.71K | 1.413M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 2214457 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 592134 | 2 |
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No. | Vol. | Price($) |
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11 | 2214457 | 0.008 |
7 | 902479 | 0.007 |
4 | 566833 | 0.006 |
3 | 917727 | 0.005 |
1 | 126263 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 592134 | 2 |
0.010 | 1684390 | 5 |
0.011 | 713872 | 3 |
0.012 | 694871 | 2 |
0.014 | 355000 | 3 |
Last trade - 15.15pm 22/07/2025 (20 minute delay) ? |
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