SPM 0.00% 2.2¢ speewah metals ltd

opportunity for modular development

  1. 270 Posts.
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    from the Quarterly Activities Report:

    "The opportunity for modular development offers the potential for commercial operation at lower production target levels.
    This would significantly lower initial capital expenditure requirements and provides confidence in funding of the project."

    In my eyes a capex of nearly 900 million $ is quite normal for a project with an NPV of 1.4 billion $ and a mine life of +100 years.

    I believe a big potential investor from china will soon be introduced. Keep your shares tight!
 
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Currently unlisted public company.

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