Prioritizing Yandanooka Construction
Based on the company's recent presentation, it seems to me strategically beneficial to prioritize construction of the Yandanooka project over Bidaminna.
Here's why:
Shorter Construction Time: Yandanooka boasts a significantly shorter construction duration compared to Bidaminna. This translates to lower upfront costs (assuming) and a faster path to generating cash flow.
Potential Debt Avoidance: A quicker turnaround on Yandanooka could enable its construction to be funded by existing Atlas revenue, potentially eliminating the need for debt financing required for Bidaminna.
Operational Efficiency: Yandanooka's lower strip ratio offers an additional advantage. It allows for faster loading of materials onto ships, improving operational efficiency.
Conclusion:Prioritizing Yandanooka construction appears to offer a faster path to cash generation, potentially lower overall project costs, and improved operational efficiency. These factors would be a significant benefit to the company.
And hopefully, Gina Reinhart and other big investors will look at IMA with interest!
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Mkt cap ! $86.47M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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1 | 99965 | 0.075 |
2 | 6000 | 0.074 |
1 | 323741 | 0.073 |
3 | 318655 | 0.072 |
2 | 195000 | 0.071 |
Price($) | Vol. | No. |
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0.077 | 6535 | 3 |
0.078 | 73292 | 3 |
0.079 | 16889 | 1 |
0.080 | 35495 | 1 |
0.081 | 4240 | 1 |
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