Interview with Executive Director, Pat Walta. Topics discussed include:
Can you please discuss the key details of the Principal Offtake Agreement for the pyrite concentrate?
The initial sale price is US$80/t FOB. Can you please discuss this price and the impact on the project economics?
You have also announced a water re-treatment contract with the Queensland Government. Can you please discuss this announcement?
You are about to commence work on the DFS. Can you please outline the key targets for these activities and when it will be completed?
What are the key targets Carbine has set for 2016?Analyst Comment:
This is potentially the most significant announcement by Carbine to date. As pyrite is a relatively unknown commodity, we believe the market had uncertainty regarding both the off-take as well as the potential revenue that could be generated from pyrite sales. This announcement should provide comfort regarding both issues as well as confirm that Mount Morgan has the potential to be one of the lowest-cost gold producers in Australia.
In addition, securing offtake will assist Carbine with future debt negotiations as off-take for the pyrite concentrate would be a pre-requisite prior to drawdown.
We maintain our valuation for Carbine at $0.26 / share (current price – $0.07 / share) as the off-take terms were in-line with our previous forecast (PFS).
- Forums
- ASX - By Stock
- CRB
- News: Video: Interview with Executive Director, Pat Walta – Qtrly Update
News: Video: Interview with Executive Director, Pat Walta – Qtrly Update
-
-
- There are more pages in this discussion • 8 more messages 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 CRB (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $1.655M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $750 | 250K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 19949916 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 250000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 19949916 | 0.003 |
2 | 1700000 | 0.002 |
2 | 2400000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 250000 | 1 |
0.005 | 1431277 | 2 |
0.011 | 9000 | 1 |
0.012 | 957 | 1 |
0.000 | 0 | 0 |
Last trade - 10.46am 03/09/2024 (20 minute delay) ? |
Featured News
CRB (ASX) Chart |