Hi Onceover
I think the initial commitment of $6m was completed in Nov 2021. NCM/NEM now in Stage 1 and $10m spend to complete stage 1 and earn 51% JV interest.
I can't see any $ value attributed to their planned work in 2022 and 2023 so no idea how far along they are in spending that $10m.
No announcement yet that they have, I'm guessing they may get there in late 2024?
Once they spend that $10m, and they have earned a 51% interest, it moves to a JV arrangement where NEM needs to spend another $44m to earn a 75% interest.
- Forums
- ASX - By Stock
- Newmont farm in agreement
Hi OnceoverI think the initial commitment of $6m was completed...
-
- There are more pages in this discussion • 1 more message 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 AZY (ASX) to my watchlist
|
|||||
Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.22M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $75.58K | 5.994M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 3945215 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 6951216 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 3945215 | 0.012 |
19 | 5962645 | 0.011 |
37 | 14869988 | 0.010 |
26 | 8844378 | 0.009 |
12 | 5082320 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 6951216 | 13 |
0.014 | 5115500 | 12 |
0.015 | 4935848 | 7 |
0.016 | 4534531 | 10 |
0.017 | 2800000 | 3 |
Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
Featured News
AZY (ASX) Chart |