q for olympian, page-3

re: cmr purchase equipment for oxides production Ha, the equipment is ex the Cawse plant which never really got off the ground. Must be in "as new" condition. What a scoop ! No wonder they were in a hurry to get the cash at such a low issue price.

Wonder how much loose stock is available? Wonder when we will see an Olympian fund manager pro-actively move in with an open "buy".

Do yr sums on what 10,000 tpa cathodic Cu, 1000 tpa Co salt and 700 tpa Ni salt are "worth" these days.

Also consider that base case shown earlier had an inferred less 36 mill buck opex for such based likely diesel generation for power. But methinks the Territorians , olympians as they are, may be giving us mains power supply instead.

That may well mean 30 mill pa opex instead. That makes it 80 mill pa+ gross EBITDA for mine on curent prices ...but who cares about DA since its less than one year payback !!! Got plenty of accumulated losses to use up too for good effect. Dont forget only 80 mill shares atm and not likely to expand by much and not for a while u wld think.

Where are u Olympian fund managers haha ?

IMBOOC