I have no doubt some equity will cover the cost of the mine，140mil doesn`t seem huge，but I am still struggle to understand the financial structure of the railway.Who will pay for that?
Also when do people think they will mine,they pitch 2022-2023,half way through the railway construction，they also stated their ECJV partner will be the protential user for the first to use the railway within 3 years of construction starting.That give a hint the railway may start construction around 2019-2020，while financial hurdle maybe cleared before that.
northern rail corridor, page-5
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AKM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
26.0¢ |
Change
-0.010(3.70%) |
Mkt cap ! $131.9M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.5¢ | 26.0¢ | $35.86K | 135.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 98300 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 15683 | 1 |
View Market Depth
| Last trade - 13.51pm 15/08/2024 (20 minute delay) ? |
| AKM (ASX) Chart |