why ? because of two reasons:
1. it will look better having the shallow oxide material at the new discoveries involved in the early stages. Will facilitate faster mine payback, which in turn , will make the BFS look far more attractive when it comes time to raise funds for development.
Fast payback of capex debt will be a huge issue in the coming years as lending becomes even tighter.
2. Market showed huge concerns about the sulphide ores at konk main/east. So the amx lads are trying to demonstrate that these ore types may not even need to be mined for many many years into the project, which at that point , they will have plenty of new oxide material to blend it with.
All imo of course....dyor
why ? because of two reasons:1. it will look better having the...
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $19.47M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 20.5¢ | $11.00K | 52.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32552 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 23683 | 1 |
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| Last trade - 14.54pm 24/06/2025 (20 minute delay) ? |
| AMX (ASX) Chart |